This same Rent Guidelines Board did a study that found that landlords of those units had seen their profits increase by more than 12%. Their response hike the rent on Rent stabilized tenants who have a median household income of $60,000. I believe that tenants across our city deserve relief and I also believe that city government can work to alleviate the pressures for landlords of those units without having to put that burden on those same tenants. (20:38–20:43)
CLAIM
Claims rent-stabilized tenants have a median household income of $60,000.
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