The mayor of a rich New York suburb says wealthy communities 'are losing their minds' over Gov. Kathy Hochul's plan to increase housing

• Gov. Kathy Hochul wants to address New York's severe housing shortage by building more housing. 
• Affluent suburban communities around New York City are denouncing the proposal. 
• The mayor of Bronxville, NY told Bloomberg some wealthy communities "are losing their minds."

New York Gov. Kathy Hochul wants to address her state's severe housing shortage by building more housing. 

But many of the wealthiest suburban communities around New York City aren't having it. Leaders and activists in towns and villages from Westchester to the Hamptons are denouncing Hochul's plan to boost the housing supply in New York City and its suburbs by 3% over the next decade.