Rep. Katie Porter Lays Out Her Plan to Lower the Cost of Housing

A shortage of 7 million affordable homes didn’t happen overnight; it happened because leaders in Washington keep kicking the can down the road. Californians are counting on policymakers to deliver housing they can afford, so Rep. Porter emphasized the need for Congress to take action.

[@chellepeterson9719]

I'm with Rep. Katie Porter! Pass the Hedge Fund Control of American Homes Act now! Stop pricing the lower and middle class out of home ownership!

[@cyberft]

That’s not the issue. The government subsidizes the purchase of existing homes and we allow banks to create money for their purchase. This drives up the real cost. We need rebasement. Wall Street wouldn’t buy them if they couldn’t get bank credit to do so.

[@TheNotSure]

You do know several Democrats like Pelosi anda Republicans just the same were doing legal insider trading with stocks with laws that permitted politicians to do so until they were caught. Guess what Katie had to say about? NOTHING.

[@Google_Does_Evil_Now]

Stop businesses buying homes. Make it illegal.

[@dirtporcelain]

"Middle Class" hasn't existed since the late 80's

[@wendypeacock-frail]

All the years I've watched Ms. Porter, she has never talked about a problem without having some solution for it. If I were American, I'd want her for president.

[@Historian212]

I don't know about her experience level on foreign policy, that's a big part of being President. That said, I'd definitely vote for her.

[@adam_gamedev]

I wish. It's impossible for something like that to happen though :/

[@HoraceAymett]

If she ran for president, I would vote for her. We need many more like her in our gov.

[@BrianHolmes]

Maybe VP, definitely Senate.

[@UXtatic]

❤❤❤

[@iamcertain711]

She absolutely garnered my vote with her ability to communicate difficult to understand topics into well articulated and simple explanations.

[@terryt.1643]

The Supreme Court just upheld criminalizing homeless camping. Affordable housing should become a priority. The housing crisis should not be ignored.

[@RCenal]

No they didn't Try comprehending what was said It is at a state level which is where it should be The Supreme Court didn't criminalize anything

[@pirahna]

​@@RCenal Sure. Just like how, if you tell your children it's ok to hit each other, and then they *do* hit each other, it's totally not *your* fault. The fault is with your children, "which is where it should be". Right?

[@goodtroublemaker143]

@@RCenalthey upheld laws criminalizing homelessness. Stop simping for Uncle Clarence; he doesn’t love you.

[@robertfetrow4612]

@@goodtroublemaker143 Keep waiting for Katie to take care of you. She depends on people like you to stay in power

[@robertfetrow4612]

@@pirahna Try to make that make sense

[@helenhunter4540]

I'm glad to hear an actual PLAN because you're right, Rep. Porter: affordable housing is an EMERGENCY.

[@actionbastard5010]

We need to make it illegal for corporations to own single family homes

[@quincyjones5676]

Not just single family homes, most places to live in dense cities aren’t single family homes.

[@tesladrew2608]

​@@quincyjones5676non apartments

[@johnboettcher1962]

We need to stop pretending corporations are people across the board. They aren’t.

[@jackspaeth7144]

@@quincyjones5676it’s the downstream effects. Financing large buildings is tricky and requires serious cash, corporations are necessary at this point.

[@ricodias673]

Landlords: These homeless people are driving down my property values.

[@RosyJreams]

Exactly. When my employees are paying the same or more for a rented 1 bedroom apartment in a bad neighborhood, than I pay on the mortgage for my 4 bedroom, 2 bath home - it's a serious problem. It's absolutely unacceptable.

[@maargenbx1454]

But nothing she said here addressed the plight of renters, the focus was just on home buyers.

[@bonkgameing]

@@maargenbx1454when it’s less to mortgage a home then to rent… you see the problem has now been fixed?

[@RDwithers48]

​@maargenbx1454 more homes on the market will gradually bring down rent. It's been on the rise for so long because there haven't been enough getting built. 2ndly. Her addressing hedge funds buying swaths of homes. That is directly tied to rent. If it was penalized there would be less owned by the corporations. It's a multi pronged approach. And I'd a committee existed for these issues in theory they would have better oversite over housing and rent control could be a real thing.

[@chellepeterson9719]

​​@@bonkgameingHer fix for renters is to stop corporate America from buying up (with cash, at asking price or more) all of the starter homes from the housing market and turning them into rentals, leaving none on the market for lower income folks to buy, forcing those folks to become renters.

[@TheDixiepa]

@@maargenbx1454 Stop wall street from buying starter homes.

[@jamesg4230]

KATIE, please continue your effort to make our government work. You, and those like you, are so important to America

[@Clare_LDA]

@Katie Porter you are a voice of sensibility to the world!

[@DaveE99]

This women is the definition of hope

[@Mystichummingbird83]

Thank you, Congresswoman Katie Porter. I have grandchildren living at home trying to start college and worring about how they are going to live. Thank you for caring about all of us.

[@lp115lp]

kzbin.info/www/bejne/pIOyqaGNd82lrJI kzbin.info/www/bejne/pXTXonutn6iDhbM

[@gabrielleliang1515]

✍️Katie Porter is a star 🌟Representative in Congress ❤🌺👍

[@truebluepatriot2739]

💙🇺🇲 Katy always the sound of reason...really wish she was our president!!!😊

[@EricBarthDev]

lol.. nah, she is a placating fool who is controlled by corporate interests. You're just part time politic'er.

[@n.lite.n111]

She will be..give it a little time.

[@jakesuperglide]

Thank you, Katie Porter. You are very valuable to the American people. Thank you for all you do.

[@earlysda]

Would you like apt. buildings or tiny houses on your street?

[@Alphasig336]

Yeah thanks for creating the 2008 housing bubble again. This is EXACTLY what Jerry Nadler pushed for in 2001-2002.

[@jakesuperglide]

@Alphasig336 George Bush thanks you for blaming everyone but him the one responsible!!!!! Republicans are anti-American

[@hawkerjd]

KATIE PORTER THANK YOU FOR YOUR SERVICE.. WE NEED MORE REAL POLITICIANS LIKE YOU.. PLEASE NEVER STOP!!! WE THE PEOPLE NEED YOU!! BLESS YOU AND YOUR FAMILY

[@angiepangie989]

It's really nice to know there's a few people actually fighting for the American people. Thank you Katie ❤

[@BobbyHickey]

Wall Street doesn't want home ownership for people. They want rent they can increase frequently. Where's the needed regulation here?

[@nsidor1234]

Yup, these greedy hedge fund slugs are also snapping up Mobile home communities in record numbers and implementing the very same plan... VOTE🔵'24 🇺🇸

[@markberryhill2715]

Bingo

[@vjb488]

Seven million homes bought by Wall Street to increase their profits. I agree homes are for homeowners! Keep saying it Ms. Porter! We appreciate you!

[@TRUMPeterswan1624]

yeah. theyre socialists. ure easier to control when ure exhausted, broken and disheartened

[@karenneill9109]

A HUGE part of it!

[@marysharvey]

Agreed! Get rid of corporate greed, and stop them from buying up all of the affordable housing.

[@tlk2348]

This is one of the biggest issues facing Americans. Glad to hear Mrs Porter talking about it. She actually has a plan.

[@MonkeyJedi99]

And have you SEEN the crap quality of $1million homes?

[@omi_god]

Not "one of the biggest" - it is the biggest issue facing us. The cost of shelter has risen far beyond affordability, and impacts every other thing in our lives.

[@MattBuild4]

Yeah but its not really full plan. 1. Tax credit for first home buying. Fyi these already exist - in Canada, Australia and UK and this initiative has failed miserably...... historically what happens is the credit amount gets added to the home price - so home that would cost $400K with a 10% credit - now costs you $440K because the credit is also doubled for the homeowner and thus it is in their interest to increase the home price to get a higher credit. 2. There is a reason 3D printed materials are not listed in major building codes. A major problem with printed homes you will see is that they lack structural components of a building meeting engineering standards. It is lunacy to just throw out IBC, IRC, AIA, ASTM, and ACI to reduce cost - this leads to SAFETY HAZARDS - not a good idea. 3. While it is good that Washington is cutting out large financial institutions from buying up properties, a major cause of this crisis is zoning - which Mrs Porter failed to once talk about! How in the world does one act like they have solutions for housing yet never once bring up zoning? The reason Mrs Porter we dont have multi-unit housing like aparatments is because apartments get zonned seperately from housing, where in the US most populated cities incentivize and in many cases mandate the existence of single family housing zones over any other zoning types for housing. Granted this is a problem that has to be solved at the state and local levels of government, but to not even acknowledge this problem is ludicrious.....

[@RCenal]

They all have a plan But part of that plan is to ignore it until asked by a reporter and come up with a prefabricated answer that means nothing

[@Grumpy-Curmudgeon]

Ms. Porter, here is an idea, make home ownership tax-free for primary owner-occupied properties. No property tax, no income tax on mortgage payments, or interest. All the government would have to do is reduce the budget to make this possible. This could be done my eliminating some government agencies. There is no need for a committee, this will work, for everyone. (Except Big Government democrats.)

[@rvcmathprof]

Yes! Stop corporations from purchasing, for cash, single family homes! Almost no families can compete with cash offers over the asking price!

[@sandra47958]

So much respect for Ms Porter and the job she does as our congresswoman! 💙🗽⚖️🇺🇸💙

[@WriterRachel]

Thank you, Katie! 💙💙💙💙💙

[@tacarat]

Would you just run for President already? PLEASE? I want a whiteboard at the next State of the Union address.

[@klee88029]

🎉 Best Comment Tacarat👍🧓 🙏💙🌊🇺🇸2024

[@Detrumpificator4377]

Would you just realize she would need a super majority in the house and senate to get anything done.

[@Mk101T]

@@Detrumpificator4377 LOL ya ... and why she is quitting . But not a bad swan song eh ?

[@Detrumpificator4377]

@@Mk101T LOL yeah why don't you stop harassing people like me? If you continue FAFO what happens to people who do.

[@Mk101T]

@@Detrumpificator4377 LOL what ? How was I harassing you ? I was agreeing with you I thought ?/? What is FAFO ?

[@susan174]

Thank you, Rep. Porter, for (1) speaking on this issue and (2) making sure we the people have an opportunity to hear positive solutions for this nearly universal issue.

[@pabulumm]

Thank you Katie please keep pushing we need you!

[@BenDobson-q8c]

Katie Porter could ...FIX....this broken country. When you are president, this WORLD will be a better place.

[@darinsingleton3553]

But, first she'd have to overcome a broken, venal, Democratic Party, which has consistently screwed her over, after her brilliant take-downs of sociopathic Wall St. Ghouls & depraved Bankster crooks, embarrassed the Davos Dem leadership, she struggles under.

[@rgruenhaus]

But she has opposition from Republicans and Corporate Democrats!

[@jillianohalloran]

#katieporter2024

[@nonyadamnbusiness9887]

Politicians can't fix anything. The sooner Americans accept that, the sooner things will get fixed.

[@BenDobson-q8c]

@nonyadamnbusiness9887 Katie Porter is not a politician. She is a single mom and a teacher. Who is willing to stand up to the broken system that politicians have abused for decades.

[@DarkLightHuntress]

Pls run for President Rep. Porter! I would vote for you!

[@pm1569]

That room should be with full of the people we elected doing their damn jobs. Why is she talking to an empty room? Why does not every Congress person have they ass in that room at work? It's no excuse. With all the problems this country has and this room is f****** empty! 🤨

[@BDThomas]

Special hours are set aside for reps to deliver addresses heard by pretty much nobody but they still get put into the congressional records.

[@Julie-bq6iz]

It needs to change! Congresspeople should be written up and face consequences JUST LIKE WORKING CLASS AMERICANS! This country is dissolving into haves and have-nots. Oligarchy and fascism, just around the corner. The haves seem to have forgotten history; anyone remember that French Revolution?

[@joshua_lee732]

This is likely just a committee meeting. Usually there's no full session required.

[@francyneabreu9747]

How is it that if I don't go to work or not do my JOB I get fired and congress people can do $#_$_#t all year or even worse, propose and pass crappy and dangerous ideas and stay at their jobs. I don't understand Americans. This is the only congress lady that is apparently doing her job and NO ONE is listening

[@CynicalDriver]

​@@BDThomas Congressional records that nobody reads. Addresses should be given to an engaged audience. I don't care if it's just Congressional aids that can make it... People should be there, and the offices that don't send a representative should face consequences for opting out of the process on topics they don't have interest in, especially when it pertains to the economy, housing, food, foreign policy, budgets, and civil liberties. Our "representation" has been an absolute farce since the 50's.

[@darkestcloister]

I'd vote for president Katie Porter

[@Detrumpificator4377]

But would you ignore the fact that unless she has a super majority in the house and senate NOTHING would get done? This is the problem, We must elect reps who will back up these type of polices and we must stop electing people who take corporate donations.

[@darkestcloister]

​@@Detrumpificator4377 Thanks for your comment. I understand the importance of having legislative support for any president, including Katie Porter. However, your response feels a bit off-topic from my original comment about supporting her candidacy. Let's try to stay on point. Thanks.

[@Detrumpificator4377]

@@darkestcloister Forgive my intrusion and understand I'm just trying to convey the importance of having a congress that will back up a POTUS like her. I feel that the sooner we get a congress like that the sooner we get to see the types of policy she and others have brought up.

[@odettetenney409]

PRES. PORTER....LADIES LET'S MAKE IT HAPPEN....DAMN THOSE RATPUBS WHO ONLY WANT 2 HELP THEIR DISGUSTING BILLIONAIRES...BC THEY FILL THEIR POCKETS WITH ILL-GOTTEN GAINS...VOTE BLUE 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊

[@13juju]

@@Detrumpificator4377 Very true!!

[@geegnosis8888]

Katie Porter is one of the most under-appreciated lawmakers around.

[@omegapointil5741]

SHE SHOULD RULE SOMETHING.

[@crapster]

Rep. Katie Porter is very intelligent and she actually cares about the people that voted for her. We need more politicians just like her.💙

[@whatgoesaroundcomesaround920]

You gotta consider -- she's a Democrat elected in one of the most conservative spots on earth, Orange County CA. That says it all.

[@Iamhermajesty9]

Thank you Katie Porter , one of the only people in Congress actually working for the American taxpayer. End Hedge Fund Control of American Homes Act!

[@gailallen6350]

Same issues here in Canada. Her solutions would work here too.

[@Max14163]

Wow, a representative talking about a REAL issue, and not just guns, gays and grievances.

[@Mluther65]

Yes… her plan of making housing more affordable, by forming a committee to make housing more affordable and then spending a bunch of government money on making housing more affordable seems fool proof. Spending a bunch of government money with no real plan or understanding of economics has gone really well thus far… let’s keep doing that. Affordable housing, but eggs will cost $37/dozen. Great plan.

[@Max14163]

@@Mluther65 Wait... that's LITERALLY your take-away?!?!

[@Mluther65]

@@Max14163 Literally. This woman is a buffoon. I honestly thought it was satire, that’s why I clicked.

[@devastatn]

No more committees, Katie. Outlaw corporations from owning single family homes.

[@novousabbott4926]

I'm curious about this. Would you prefer to outlaw companies or limit them? Because as a homeowner, I'd prefer to rent out my home when i buy another instead of selling it. The reasoning? Holding it for my future kids. What are your thoughts?

[@devastatn]

@novousabbott4926 I think it is fine for one family/person to own two single family homes. They're not the problem. No company/corporation should own any single family dwellings

[@novousabbott4926]

@@devastatn i can understand that. $10 says that if something like that passed into law, lobbyist would try to change the definition of a home!

[@JohnDoe-my5ip]

Not far enough. Everything smaller than a fourplex ought to be confiscated if it’s not owner occupied.

[@MAJ0ROCEL0T]

If corporations are going to own single family homes, they should be required to either have them filled at a government monitored market rate and if they sit vacant, the company is charged said going rate of rent to go towards affordable housing programs. They'll either get them filled, or start getting charged money and will lower prices quickly. And finally, if they choose to make the home qualify for the 'affordable housing' tag, then they get a check cut to make up the difference

[@deadpolymers3416]

The house I paid $80k for 13 years ago, is worth $250-300k in the current market. Two houses on my street sold for over $250k this year. Bigger houses that I looked at buying 13 years ago, we in the $150-200k range, are now worth $350-450k. Home prices are absolutely ridiculous.

[@BreezyLavender]

I’m one of those teenagers. I moved out of state in 2020 and I walked away from my home of 22 years. I had to walk away from the state I’ve known and loved because I couldn’t even dream of renting in CA. I miss my home state dearly and wish that one day I’ll be able to afford to move back and be a homeowner. Thank you, Ms. Porter for giving me and thousands of others a voice.

[@nm3547]

👏🏼👏🏼👏🏼

[@anitawebster9450]

Best of luck to you, Breezy, and make sure you & all your friends vote blue, I worry so much about all you young people! 🥹

[@iamz_mbie]

@@anitawebster9450 no don’t vote red or blue and throw away the whole system altogether that keeps us separated. kennedy 2024 🇺🇸

[@anitawebster9450]

@iamz_mbie Kennedy is cray-cray, certifiable! Every interview is worse than the last, & his entire family has distanced themselves from him. Don't be dumb, vote for Democracy!

[@gregorymalchuk272]

​@@anitawebster9450Vote for the same policies that made the cost of living in California so outrageous???

[@rah6699]

Keep pushing Representative Porter! Thank you for all you do! I hope to see a bill like this go to Congress soon. It’s hard out here. - Fort Lauderdale, FL

[@tonettecarroll6103]

Thank you for caring, Ms. Porter.

[@elizabethwitt2621]

Katie understands the assignment. We need to pass this now!

[@drealithenn1429]

Thank you Representative Katie Porter! You are a beast!!! I love you!

[@landline516]

Real solutions for real problems. Katie Porter 2024

[@shanematthews7713]

so what's the plan?

[@joannjohnson8283]

​@@shanematthews7713clean your ears.

[@Pfpfpfpfpf2020]

Katie Porter is a true American.

[@earlysda]

She says many good things, but they are misdirected. The fundamental problem is LOCAL ZONING BOARDS. . Nobody wants an apt or duplex on their nice street, so they tell the local zoning board not to change things.

[@sterlingmarshel6299]

@@earlysdacorrect

[@KD-nk3ht]

She is super chunky. Very American on that front.

[@bethanyhealy4989]

Does she fly in a airplane? Don't she care about our environment?

[@LightningPoop]

​@@earlysda why are we building more Apts and duplexes. We deserve houses to put our families in. Not fucki g apartment buildings that stack us up like sardines or duplexes where you have to have your portion of the house connected to someone else's. we need houses and land. There is plenty of it.

[@stephanieperez9305]

Ban the sale of SFH to corporations

[@charvisaur4184]

We have unaffordable housing, and a supreme court who made homelessness illegal. Literal dystopia.

[@SL420-]

You can afford to live almost anywhere you want as long as you work long enough to never be home.

[@TRUMPeterswan1624]

literally socialism that u voted for😂😂😂😂😂😂😂😂

[@deathninja16]

@@TRUMPeterswan1624 bruh stop with the misinformation this was in place since 2004, plus they just had a bipartisan deal that fell apart on both sides. youre blaming one side like a moron who has no deductive reasoning skills.

[@PaulGuy]

​@@TRUMPeterswan1624Unrestrained capitalism is socialism? Moron opinion.

[@strmshadow8411]

@@TRUMPeterswan1624 It can't be socialism if we're living in a capitalist country....

[@scottdylan1854]

God Bless Katie Porter!!! Thank you for doing this critical work for Americans! I wish more people in Government shared your commitment to improving the country. Katie is a treasure!

[@glamdollglam9583]

GO KATIE! WE AGREE 💯 #KATIEPORTERFORPRESIDENT 💙💙💙

[@cathybowser3813]

Awesome woman, wise, educated, well-informed, researcher of our nation's interests!

[@mam564]

Katie Porter is a brilliant woman! California is so proud of her! ❤

[@waynetaylor8082]

With an abundance of Empathy, Intelligence, Tenacity, etc.!!!! GO KATIE GO!!!

[@ConservatismHarms]

The United States appreciates Katie Porter. So do people from other nations that respect her.

[@verucasalt2391]

We love her so much, I’m in MA. I wish she was going to stay in DC, her leaving hurts is all.

[@cariwaldick4898]

Where was California when she was running for Senate?

[@jimba6486]

Not all of us in California claim her. I do not. Adam Schiff was proof of that.

[@angelakennedy7004]

Katie, I love it! Down payment assistance is very much needed. And, access to affordable housing. ❤

[@shortmeister4321]

The rapidly increasing number of homeless people makes fixing this catastrophe imperative! Thank you Katie Porter! 💙🇺🇲💙

[@TheMRNAILED]

Thank God for Katie Porter.

[@Eurydice870]

We need you Katie. Hope you stay vocal, reclaim your seat.

[@jeremythehusky379]

you give me hope for the future, every time you speak, on any matter, its nothing but good, researched and well put, real issues we all deal with. thank you

[@heidinolen873]

Katie! Help❤❤❤❤ run for president quickly!

[@Just-Denika]

Thank you!!! I just found Katie yesterday and I am loving her videos😍. Please keep speaking up for us.

[@kurt-foster5925]

Katie Porter for POTUS now!

[@HmmmYeahRiiiiiight]

Hear hear!

[@chance9979]

Yes!!

[@justaguy6100]

I think a Porter/Stacy Abrams ticket is a dream.

[@The_best_days_are_yesterdays]

Seriously. What do we need to do to get her nominated? I'm in, just tell me what to do.

[@Mk101T]

You'd have to talk enough people into using mulching toilets for a decade-ish . Not that they advocate for such a thing . Just that it would help in getting them into the right mindset first .

[@tegansdungeon]

Now if we had more members in congress with a brain and heart like yours, this country would be such a better place.

[@mikealext]

It would be a total shithole.

[@CyframerEX]

@@mikealext Oh you mean like what happens everytime when a republican gets elected into office. 😆

[@mikealext]

@@CyframerEX Democrats run all the ghettos.

[@robertfetrow4612]

Please quit voting and posting until you educate yourself

[@CyframerEX]

@@robertfetrow4612 Katie doesn't miss, OP is correct.

[@WilliamLynch-sd2wd]

You go Katie were behind you 100% keep talking sense may be something will sink in

[@JamesFox1]

Thank You !!! Every Hero Needs A Hero !!!

[@roxannecoates4695]

YES. Legislate for the masses. Let millionaires take care of themselves--they certainly aren't making sure all Americans have food and roofs.

[@youtubesucks1499]

Why is it their responsibility to take care of you?

[@nsidor1234]

​@@youtubesucks1499 It's NOT. But it is the job of our legislature to level the playing field when Americans are being mercilessly gouged as is the case right NOW...

[@youtubesucks1499]

@@nsidor1234 A level playing field? What opportunities do people not have? College? Starting a business? Running for office? So what level playing field? It's already level.

[@nsidor1234]

@@youtubesucks1499 Nope, it's NOT. Spoken like someone who's benefited from untaxed hedge fund profits.

[@nsidor1234]

@@silentnot4812 Assuming all these things about me and my spending habits (all INCORRECT by the way) reveals how clueless you really are. That being said, if I were an investor, I would expect to be taxed at a fair rate on those investments, which simply is not the case today. In a world where your 'investor class' pays less taxes on their income than teachers, nurses and the like, a correction is definitely needed...

[@Jennifer-do8cm]

Thank you Ms. Porter for actually doing something and advocating for the people!

[@murthyrayudu]

I hope katie becoming the president one day. She is so much better than most other politicians.

[@Mikejamiew]

Katie for president NOW!

[@Bigfoot-px9gj]

She is so much better than all other politicians combined.

[@jayrock4696]

❤Katie porter for president ❤

[@sheldondrake8935]

she could have a long career in the Senate, focussing on work instead of PR

[@n.lite.n111]

​@@sheldondrake8935 We are choosing the best WOMAN to be THE FIRST WOMAN PRESIDENT..do ya mind? Oh well.

[@optimisum7807]

i wish she was running in arizona so i could vote for her

[@janedoe3915]

Rep. Porter, we need u in congress. No one can pull out that whiteboard and school CEOs the way u can. You can get ur point across very well and it helps make it easy for voters to understand. You’re the only one who even mentions the struggles many single moms r experiencing and one of the few who fights for the little ppl. PLEASE, PLEASE, PLEASE, PLEASE RUN AGAIN IN 2YRS!! 🙏WE NEED U IN CONGRESS!! ❤️

[@PriestessAusetRaAmen]

Katie Porter for President.

[@KOMET2006]

2028.

[@pamelajones9471]

Yes! She always has thoughtful, smart answers.

[@michaeltoney2277]

The reason why housing pricing are still going up with the rates is because corporations are buying them not people with the intention to rent them out to YOU; so you’ll never own.

[@mspitstoptoyou]

In my neighborhood in Chicago, rents have DOUBLED in less than a decade. How many people do you know whose salaries have doubled In less than a decade?

[@urrywest]

Chicago as well and there ain't no place to live for less than 800/mo that ain't an SRO.... I do live in a gucci neighborhood by 31'st and Ashland but it way out priced for what it is.

[@urrywest]

Also in Chicago, Brandon Johnson's title transfer tax that lowered title transfers below 1M and raised it for properties over that would have kept many rentiers out of the market lowering the asset values of housing making it more affordable for the rest of us.

[@hegyak]

Whom? CEOs. Proably.

[@Firedrake1313]

Politicians, because they vote their own raises.

[@michellet7013]

The government needs to ban foreigners and investors from owning single family homes, period!

[@williamryder5021]

Love this lady!!!!

[@Maddie9185]

Biden needs to hire Katie Porter for this position and this needs to be done ASAP. The housing market is out of control.

[@avishalom2000lm]

Biden needs to step down and let someone like Porter run for President.

[@gypsy5445]

Keep it up Katie! We love you!🥰 Wow, a truly important thing, and the gallery is empty! If it was about Hunter it would be full! Our priorities are so screwed up!🤯

[@fancyfree8228]

Whatever it is, you do next, I support it. Thank you for your service. It was nice having some representation for a while.

[@maxbokol]

Is it just me, or the country needs to wake up and recognize that she is a true representative first, for the people and not just a politician?

[@Mockduck2020]

But we give corporations more power in this country then the people with less accountability. All they care about is money and the people are expected to give their money to them are call it a retirement plan. Donald trump has proved the truth has no significance in politics anymore.

[@mai_world]

👏👏👏Thank you, Katie, for wanting to take care of us. 👏👏👏 ❤

[@debhiggy9346]

Katie has wisdom. Plans. Solutions. She, makes things happen. So simple too. If they dont act on this & start somewhere, theyll be voted out. Change is inevitable.

[@shuffleaccount1985]

America is so thankful for your Amazing and Intelligent Service to this Country !

[@shannanstigri]

Youre my hero!!!!

[@PaulFitzpatrick-b8z]

Love Katie Porter.❤❤❤

[@karenlynningalls5851]

Brilliant! THANK YOU, Rep. Porter!

[@RoxannSnyder]

Thank you Katie! You are part of the growing number of very good legislators! THANK YOU for your work! ❤

[@fbucking]

Absolutely true that we need more good legislators, but we will never get there without term limits.

[@n.lite.n111]

​​@@fbucking Term limits get rid of the good ones too ..that makes no sense.

[@fbucking]

@@n.lite.n111 feel free to name someone who has been there for 20 plus years and is still a good one. Please don't name Bernie, he is a sell out.

[@coletteaverill7417]

Brilliant! A description of a problem and several solutions to resolve it. Go Katie!!!

[@papablue3015]

Corporate greed is a big problem!!! Power and greed will be the demise of America!!! Love Katie Porter!!! Vote 🗳 blue!

[@ProfRa6574]

This country is already dead.

[@thurayya8905]

​@@ProfRa6574Only if you let the corporations kill it. You can still vote. Use your power while you can.💙

[@earlysda]

Blue made the problem, so yeah, they can probably fix it...

[@shawna3350]

​@@earlysdaIn my opinion, it's better to try to fix problems than to sit around whining, blaming others, and doing nothing.

[@bethanyhealy4989]

How about politicians and their own greed? In her own state of California they are raising taxes of gas by .50 starting tomorrow. Think that will lower the cost of anything? They spent $600,000 per apartment for the homeless in LA for 250 people. How is that helping us?

[@jonw7214]

We need Speaker Porter, Senator Porter, President Porter. So few left like her.

[@Firedrake1313]

Yes, so few Democrats left that aren't so far left they are marxist. Bring back the moderates that actually have a thought process and NOT an agenda.

[@marthaking6779]

Yes!

[@earlysda]

She says many good things, but doesn't touch the root of the problem. The fundamental problem is LOCAL ZONING BOARDS.

[@shawna3350]

​@earlysda That isn't always the problem, but even if it is in some places, that's why Katie's first proposed step was making a "housing committee." A Housing Committee would expand on the stated goals, solve problems like zoning, &get funding in order to make it all happen. May be wishful thinking but they need to start somewhere. The status quo isn't working.

[@earlysda]

@@shawna3350 shawna, I wish you were right, but what she is calling for is more top-down laws, while the problem should be solved bottom-up.

[@applebum6148]

Representative Katie Porter.. l absolutely admire your strength, knowledge and love for people!! Thank You!!! Thank you for fighting for us!!🌍🤞❤️

[@CK-hu8vz]

The hedge funds make me so angry. Why do we allow this?

[@nsidor1234]

Capitalism allows it. We just need to tax them accordingly...

[@geoffreykeating8172]

GOP allows this , fact that 75 M 🇺🇸 voted for someone told them to drink bleach doesn't give me hope

[@nonyadamnbusiness9887]

Do you even know what a hedge fund is? If the government had not printed off a big chunk of debt and caused inflation, if the $35,000,000,000,000 debt did not threaten collapse the US dollar, there wouldn't be a huge demand for hedging inflation and hedge funds would not be buying up every possible property. So what happens when hedge funds are prevented from buying real estate and investors can no longer use real estate hedge fund to insure against inflation of the US dollar?

[@emilyfeagin2673]

Unchecked and unregulated capitalism

[@nsidor1234]

@@nonyadamnbusiness9887 Precisely why taxing them makes sense. Trillions in tax cuts for these "investors"along with price gouging caused the high inflation. Those mutts have been blaming COVID but the pandemic did NOT cause record stock by backs...

[@laurakrajnikburick2731]

Thank you Katie Porter, she cares about the people. ❤

[@joeparker757]

Katie...Please run for President.

[@dorthymcbride3384]

Katie Porter for President!!

[@BenDobson-q8c]

You Katie are a national treasure. ❤

[@JamesVestal-dz5qm]

This hits close to home for me. I grew up in MN and the police are monkeying around with my right to live in MN.

[@dorothymartino3221]

Representative Porter, you are amazing. Thank you!

[@donesecarr3570]

I love this sister! Congress does not have a plan because they do not care.

[@Morningdovecamp]

Amen!!!

[@keilana6]

They have their million dollar homes & government security to pay for them. Care nothing for working people who are barely able to pay for monthly needs.

[@biologicalwoman4364]

Katie Porter for VP!!! LET'S GO

[@Naheenmather]

I’m tired of corporate greed and vie for power. I’m pulling for you Katie. 🇺🇸🇺🇸🇺🇸

[@cornbread206]

empty bank owned homes. empty US government owned homes. empty homes owned by representatives & governors.

[@alexontheedge]

empty homes owned by fat cat investors for occasional use as AirBnBs empty 2nd, 3rd & 4th homes bought solely for investments Not to mention stupid zoning laws that prevent corner stores from being in walking distance of neighborhoods! And also stupid zoning and building permissions that are expensive and long-winded. I could go on...

[@pennyc11]

Homes in your neighborhood being occupied by who knows who? While your longterm neighbors are being priced out of housing.

[@thatjeff7550]

Not quite. A lot of homes that were on the market were scarfed up by real estate venture capitalists who saw a potential of making money off of rentals by (A) driving up home prices while (B) reducing the amount of houses available. Back when I bought my home in 2000, I recall signing an agreement that stated I would live in the house and not turn it into a rental or flip it. I think those sorts of laws have been trimmed out to help the wealthy and harm the rest of us.

[@bevlowery9545]

You hit the nail on the head! ​@@thatjeff7550

[@Alphasig336]

@@thatjeff75506 to 18 Million homes have been bought up by Private Equity homes. It’s is irrepressible! The Three Larger PE that own the most homes are billionaire Democrats. Gates, Blackrock are two!

[@Kaspisify]

I'm from Sweden and I desperately wish for a politician like this.

[@hildeschmid8400]

Katie Porter is eloquent and has great ways to show reality when she discusses ideas. She also has a lot more class than some other members of Congress. She is a breath of fresh air, and actually WORKS for her constituents. Katie is needed in the House, and later, in the Senate!

[@bumblebee5990]

Can I ask why we are not using abandoned military bases to house veterans in need? They could manage it themselves and all service could be centralized. It seems logical. Also housing equals safety and safety is the root of sanity, without it nothing ever changes.

[@heatherhansen2169]

How about the hundreds of abandoned Malls from the '80's? They woud be amazing apartments

[@Reven619]

These bases are excluded from OSHA standards. Even modern bases have issues with mold, asbestos, etc. on top of needing to fix these issues, these bases aren’t generally located where a civilian population wants to live.

[@bumblebee5990]

@@heatherhansen2169 yes, with plenty of parking, on transportation lines and geared for community living, great idea.

[@bumblebee5990]

@@Reven619 Really? I wonder why the houses next door sell for 2 mil? Is it because it’s awful? The one near me is walking distance to the ocean, has an ocean view and is less than a mile and a half from all the major chains, a hospital and a ton of services. Also, many restaurants, even several bib gourmand and Michelin star restaurants, maybe they would hate the military translator school, or the aquarium, no one would want to live where the average property price is well over a million, it’s just so awful to live in neighborhoods is it? Maybe it’s because there isn’t a lot of gospi and too much acceptance. Not sure? I wonder why that lacks appeal, maybe the nice breeze or all the beautiful flora might be a hardship. I don’t believe I indicated that no repairs are to be done, that was your plan. and why are current bases inhabitable, perhaps we should level all the bases, since they are rotting. We don’t need them anyway, then these moldy wastes can be return to viable land, forests and wetlands, a much better use of our resources. I like how you dismiss all ideas, you must be afraid of creative thought.

[@whatgoesaroundcomesaround920]

@Reven619 You are so right! The base housing I lived in as wife and mom in 1972 is now part of a Superfund Cleanup site. The homes, the grounds, and the water supply are all contaminated.

[@blsharpley]

This should be one of the biggest topics in politics. Keep going with it! And pass that bill!

[@MORE1500]

I wish it was Katie debating Trump last night.

[@eliotsajerkface]

I wish anyone was debating trump last night.

[@Detrumpificator4377]

Would it matter? He would do the same things which I've tried to post but the moderation wouldn't let me. All I can say is it would be better to not give him any kind of platform. Just refuse based on the things the automated moderation wont let me say.

[@Detrumpificator4377]

OK finally I got it to post. Now let me try saying he used the platform given to him and there in lays the trouble. They should have said no and just said we don't feel good giving TFG a platform for certain reasons I can't say here. I'm sure you know those reasons. (edit) Oh and it's him not President Biden thats the issue.

[@H4ppyCustom3r]

She wouldn’t let him get away with his lies

[@Detrumpificator4377]

@@H4ppyCustom3r Even if she didn't have we not learned the lesson yet that giving him a platform is a very bad idea? The point is to not let him use us which is what VP Henry A Wallace expertly warned us to not do.