Zohran Mamdani: “New York City is struggling to build four homes for every…”

“I think that the private sector has an immense role to play in producing the level of housing supply that we desperately need in this city. I've often spoken about the fact that New York City is struggling to build four homes for every thousand people. And Jersey city is at 7, Tokyo is at 10. These are examples that we look at that we cannot disentangle from a vacancy rate that is at a crisis level.” (17:48–17:52)

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