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Transcripts for MSNBC Stephanie Ruhle Reports 20211001 13:55:00

california renters that are behind on their rent. and as a result, they re under some sort of threat of eviction. now, it s easy to cast this as a renter s versus landlords thing, that somehow landlords will be, you know, sort of taking advantage of this. but one thing to keep in mind is that, in fact, landlords are in the same position as renters. they also owe money on their property. they are not getting that money from renters when those renters fall behind in the rent. and so the $5.2 billion currently available to californians also goes to landlords to help them make their mortgage payments. now, at the same time, governor newsom this week signed about $24 billion, billion with a b, chris, you have to think of this place as a nation, really, instead of as a state. $24 billion in funding for all sorts of affordable housing. the possibility of fast tracking something like $84,000 units of housing here in california. it s a huge number. but at this point, chris, the

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