'I Rise Today To Sound The Alarm On The Housing Crisis In The United States': Ro Khanna

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During remarks on the House floor Thursday, Rep. Ro Khanna (D-CA) urged the federal government to ensure access to affordable housing in the US.  Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:  https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript   Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes:  http://forbes.com

Transcript

00:00Mr. Speaker, I rise today to sound the alarm on the housing crisis in the United States

00:08of America.

00:10Over half of U.S. renters are paying more than 30 percent of their income in rent, and

00:19we have over 650,000 who are unhoused.

00:23Here's what we need to do.

00:26Stop Wall Street from buying up single-family homes.

00:29I have a bill to end the corporate subsidies.

00:33Second, cap rent so it doesn't go higher than inflation.

00:38The President can do this because many corporate landlords are reliant on financing from our

00:44federal agencies.

00:46Third, let's make sure that we build 7 million in new affordable housing units.

00:52And finally, let's make sure that those with prior criminal records aren't banned from

00:57public housing, and we have a Tenants' Bill of Rights.

01:01Thank you, Mr. Speaker.

01:02I yield back.

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