Zohran Mamdani: “62% of New Yorkers cannot afford to live in this city.”

“… United States of America, we do so knowing that when we measure the true cost of living here, it shows that more than 5 million New Yorkers cannot afford it. 62% of New Yorkers cannot afford to live in this city. And so, for all of the discussion of the imagined exodus that would take place were we to tax the wealthiest New Yorkers by the appropriate amount, I say imagined …” (22:48–22:52)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.