You'd have a guidelines board that makes that decision. And they're all appointed by the mayor. And when we look at the data, we see actually that The tenant median household income of those tenants, $60,000 a year. The at the profits of the landlords of those unit increasing by 12%. So there's room for relief of just giving people the peace of mind. (20:34–20:39)
CLAIM
Asserts that the median household income of rent-stabilized tenants is $60,000 a year.
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