OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Housing Crisis in the United States

Floor Speech

By: Ro Khanna
By: Ro Khanna
Date: May 23, 2024
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. KHANNA. Mr. Speaker, I rise today to sound the alarm on the housing crisis in the United States of America.

Over half of U.S. renters are paying more than 30 percent of their income in rent, and we have over 650,000 who are unhoused.

Here is what we need to do: Stop Wall Street from buying up single- family homes. I have a bill to end the corporate subsidies.

Second, cap rent so it doesn't go higher than inflation. The President can do this because many corporate landlords are reliant on financing from our Federal agencies.

Third, let's make sure that we build 7 million in new, affordable housing units.

Finally, let's make sure that those with prior criminal records aren't banned from public housing, and we have a tenant's bill of rights.

BREAK IN TRANSCRIPT


Source
arrow_upward