Bernie Sanders Unveils $2.5 TRILLION ‘Housing For All’ Plan

Bernie Sanders Unveils $2.5 TRILLION ‘Housing For All’ Plan

Bernie Sanders proposed a $2.5-trillion housing plan that aims to end homelessness in the U.S. and enact a national cap on rent hikes.

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Bernie Sanders not only believes that everyone residing in the United States should have medical coverage, he also believes that they should have guaranteed housing.

Sanders unveiled his $2.5 trillion housing plan that includes national rent control, ending homelessness, and turning federal housing assistance into an entitlement. Sounds great, everyone agrees there are too many homeless people in the United States, the main problem with his plan is the $2.5 trillion price tag.

From The Hill:

White House hopeful Sen. Bernie Sanders (I-Vt.) on Wednesday released a $2.5 trillion plan to guarantee housing for every American.

Sanders said the plan would “guarantee every American — regardless of income — a fundamental right to a safe, decent, accessible, and affordable home” and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.

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Bernie noted, “There is virtually no place in America where a full-time minimum wage worker can afford a decent two bedroom apartment. At a time when half of our people are living paycheck to paycheck, this is unacceptable. For too long the federal government has ignored the extraordinary housing crisis in our country. That will end when I am president.

Here’s more Bernie being Bernie…

Democratic presidential candidate Bernie Sanders says that his healthcare plan will give free government healthcare to millions of illegal aliens at the expense of American taxpayers

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Host: “Would you include the 11 million undocumented immigrants in that?”

Sanders: “Absolutely”

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Sanders formally unveiling his “Housing for All “ plan on Wednesday, saying there is a shortage of 7.4 million affordable homes for the lowest-income renters. Sanders stressed that more than 18 million families across the country who are paying more than half of their limited incomes on housing and utilities.

“There is virtually no place in America where a full-time minimum-wage worker can afford a decent two-bedroom apartment,” Sanders said in a statement. “At a time when half of our people are living paycheck to paycheck, this is unacceptable.”

From Fox News:

Among other things, Sanders’ proposal calls for building nearly 10 million homes through the National Affordable Housing Trust Fund, social housing, Community Land Trusts and other housing programs. He would also fully fund the Section 8 rental assistance program, enact a cap on annual rent increases at no more than 3 percent or one and a half times the Consumer Price Index – which ever is higher. And he would establish anti-discrimination protections for those receiving assistance against their landlords.

Sanders says through his plan, he’ll rehabilitate and preserve 7.4 million housing units “to eliminate the affordable housing gap” and build 2 million mixed-income social housing units.

Sen. Sanders’s plan joins a growing list of housing proposals within the Democratic primary field, including those of Sen. Elizabeth Warren, former housing secretary Julian Castro, and Sen. Kamala Harris.