If you're going to freeze the rent stabilized apartments, how are you going to fund that. So a freeze doesn't actually cost any money from the city. And what we've actually found in studies is that It would generate nearly $7 billion in savings for those tenants. that they would be able to put back into the local economy and into their savings. And ultimately what we need to do is make this a more affordable city. (04:07–04:13)
CLAIM
Asserts that a rent freeze would save tenants nearly $7 billion.
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