'My community is being crushed by the burden of high prices and wages that can't keep pace. Meanwhile, corporate landlords and other profit-driven companies are bringing in record profits,' said repbowman, urging executive action.
"My community is being crushed by the burden of high prices and wages that can't keep pace. Meanwhile, corporate landlords and other profit-driven companies are bringing in record profits," said Bowman.A pair of progressives in Congress on Monday led four dozen other lawmakers in calling on U.S.
"No one should be unhoused in the wealthiest nation on Earth or have to choose between paying rent and basic needs." The letter highlights various government statistics, including that the cost of shelter rose 0.8% last October, the highest rate in 40 years; median asking rents have jumped 31% while house prices have soared 48% in recent years; and a $100 increase in median rent is tied to a 9% rise in homelessness.in a statement.
"This is why Rep. Bowman and I are encouraging the Biden administration to make use of these tools and adopt a whole-of-government approach to address the housing crisis in America," she explained. ;“I grew up in rent controlled apartments and public housing, and that housing stability is what allows me to be here today. I;’m grateful to my colleagues and organizers who are fighting to ensure everyone has access to high-quality, affordable housing.;”
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