For most Americans, housing is the most critical part of building wealth. With a home, you then have a retirement fund that you are investing into and a community that you are helping to grow.

The American dream of home ownership is slipping away for many due to rising interest rates, home prices, and decreasing supply.

Private equity groups impact both our residential and commercial real estate markets. Don’t believe me? Ask a Red Lobster and Quiznos franchise owner.

In the next eight years, large institutions are forecasted to increase their ownership of single-family rentals from 5% to over 40%.

The median home price has risen from $250,000 in 2019 to $400,000 in 2023. During this time mortgage rates increased from a low 2% to nearly 8%. Our national debt increased by $11 Trillion during this time, a pace we have never seen before as money is continuously printed and pumped into our system.

The idea has been floated around, and I would support tax-free 3% government-backed mortgage bonds only available to first-time home buyers.

I want to revamp our FHA program to make this a more competitive financing option when going against a conventional or cash financing option.

I support Ro Khanna’s Stop Wall Street Landlords Act of 2022. I also support Jeff Jackson’s $10,000/house tax for corporations that own over 75 properties.

I support zoning changes that support more densely populated housing. This will help immediately increase supply.

Tax code changes can make corporate investments in single-family homes unprofitable. For example, we can change business depreciation rules and reform the “enterprise zones” that have contributed so much to gentrification.

There are a lot of different avenues to support affordable housing, and as the only candidate in this race who has served as a realtor I am ready to lead.