1.4% is the current--and historically low--apartment vacancy rate in New York City. NYC and many parts of New York State are in the throes of a housing crisis caused by decades of underproduction. Solving the housing crisis is key to stemming the tide of New Yorkers leaving the state and to rolling out the welcome mat to new New Yorkers. Joining us to discuss the latest housing policy news affecting both NYC and the state is national housing expert Vicki Been, a professor at NYU's Furman Center and former New York City Deputy Mayor for Housing and Economic Development.