‘Housing for All’: Democrats push for big government response to soaring rents – Wall Street Is Raising More Cash Than Ever for its Rental-Home Gambit

Democratic politicians at both the state and federal level are pushing plans to dramatically expand the government’s role in addressing unaffordable housing costs, as rent prices hit new highs in major American cities and the party’s increasingly young and urban base embraces big social programs.

In Illinois and New York, gubernatorial candidates are touting proposals that would free cities to impose rent controls on housing units, a policy also backed this year by the Democratic parties of Washington State and California.

by Jeff Stein

https://www.washingtonpost.com/business/2018/07/19/rents-soar-democrats-push-new-policies-affordable-housing/?utm_term=.dcb98f46e9f6

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Wall Street Is Raising More Cash Than Ever for its Rental-Home Gambit http://www.matr.net/article-83694.html