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Transcripts for MSNBC MSNBC Reports 20240604 15:50:00

Here. in new york, there s a number of new towers that have gone up all over the city and being bought up by a lot of foreign money and they are creating in some areas kind of ghost towns around them because in the buil aren t shopping locally, going to the coffee shop, a sandwich down the street, not using the supermarket. is it being discussed anywhere, some tax on people who buy those properties, a disincentive to buy the property or a way to use the money that they are paying for those giant, amazing, beautiful apartments to give back to the community to make sure that there s affordable housing somewhere else? i think there s two ways to look at this. the supply side and demand side. your question looked at the demand side. people buying the units. shouldn t there be rules that force the people who own these to be living in that tower or in that townhouse for a majority of

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