The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti
They also addressed concerns over private equity firms and Real Estate Companies buying properties and low income communities, which could push out long term residents. The finance Committee Meets this morning to discuss housing. This comes at a time when americans are getting clobbered by climbing rents and home prices. Key drivers of inflation. Data released last week showed that rents increased in june, that the fastest rate since 1986. Buying a home is getting more expensive. Many young people who have modest incomes and big Student Loan Debt feel like the dream of Home Ownership has slipped out of their reach. The root causes, the United States isnt building enough housing. Its bill in that way for decades. And the shortage is affecting citizens and cities all over america. For example, my hometown of portland is skyrocketing rents and low supplies suitable housing. Its also an issue, though, in central oregon. Southern oregon, and eastern oregon, where they cant build enough hous
This hearing comes at a time when americans are getting clobbered by climbing rents and home prices, key drivers of inflation. Data released last week showed that rents increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many young people who have modest incomes or big student loan debt, feel like the dream of Home Ownership has slipped out of their reach. The root cause is, the United States is not building enough housing. It has been that way for decades, and the shortage is affecting citizens and cities all over america. For example, my hometown of portland, as skyrocketing rents and low supply of suitable housing. It is also an issue, though, in central oregon, southern oregon, and eastern oregon, where they cant build enough housing fast enough to keep up with demand. Id be willing to bet that every member on this panel is hearing the same story. Now im going to talk about a number of issues this morning, and i would just like to raise a rela
The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti
The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti