If Washington implements a 7% annual cap on rent increases, the speaker's income/profit from a $2,000 rental will increase by $140 per month annually, tripling his profit compared to his previous biennial increase strategy.
"now Washington wants to cap it at 7% per year... I'm forced to do 7% per year... I will now get $140 more per month per year I'll triple my income my profit because of rent control"