… what we've already seen in the past, which is hundreds of thousands of New Yorkers fleeing the city because they can't afford it. So to your larger point about housing, The answer to the housing crisis is not more vacancies in rent stabilized units. To me, it is building more housing such that we keep people in their home, have a rapid expansion of housing production that is both private sector and public sector driven. (17:45–17:50)
CLAIM
Asserts that increasing vacancies in rent-stabilized units is not a solution to the housing crisis.
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