Q&A
Housing affordability challenges for healthcare workers in NYC
1:27:39
ยท
59 sec
Dr. Katz acknowledges the housing crisis in New York City and its impact on healthcare workers, highlighting the City Council's efforts to address the issue.
- Low vacancy rates are driving up rent prices across all economic levels in NYC
- Increasing the housing supply could help reduce housing costs
- Affordable housing is a crucial factor in attracting and retaining healthcare workers
- Dr. Katz emphasizes the importance of quality education alongside affordable housing as factors in employee retention
Mitch Katz
1:27:39
You know, just to give credit to your city council, I've heard a lot about trying to make New York City more affordable for the housing crisis.
Sonia Lawrence
1:27:48
Mhmm.
Mitch Katz
1:27:48
And I think we all agree that having minuscule vacancy rates drives everybody's rent up.
1:27:55
Right?
1:27:56
Because the competition, you know, at at at every economic level in New York City seems so extreme that if we could build more housing successfully, it would, in fact, drive down the cost of housing, which mean, that's a lot that's that's the after the affordability, that's I mean, that's a lot that's the after the affordability, that's the second question we have.
1:28:27
You know, do is my kid going to be well educated?
1:28:31
Right?
1:28:31
I'm a product of the New York City public schools.
1:28:34
I got a great education.
1:28:36
You know, we we need to be able to deliver that.