Bernie Sanders reveals national rent control plan in Las Vegas
By Rory Appleton
Las Vegas Review-Journal
September 14, 2019
Vermont senator and 2020 presidential hopeful Bernie Sanders returned to Las Vegas on Saturday to unveil his plan to tackle affordable housing through a $2.5 trillion national rent control initiative and major investment for building new homes and updating public housing.
“I don’t have to tell anyone here today that we have an affordable housing crisis in Nevada, Vermont and all over this country that must be addressed,” Sanders told about 100 people at Plumbers, Pipefitters and Service Technicians Local 525. “This is a national emergency.”
Sanders’ proposal is perhaps the most ambitious — and costly — plan to address homelessness, rising rent costs and housing shortages yet put forward by any of the 2020 Democratic hopefuls.
He predicted his critics would attack the cost, particularly of the rent control initiative. It requires $2.5 trillion over the next decade, which Sanders said he would raise by taxing the top one-tenth of 1 percent of earners. He stressed that 99.9 percent of taxpayers would not see any increase as a result of this plan.
Sanders’ prediction was correct.
Before Sanders had left the stage, Nevada GOP spokesman Keith Schipper tweeted: “I thought that tax was gonna pay for health care? And reducing carbon? And a multitude of other socialist wish list items? Bernie is the Mickey Mouse of politics.”
Rent control
Sanders noted that more than half of the states in the country limit or outlaw rent control initiatives, while only a handful have some sort of rent control laws on the books. Nevada has neither banned nor adapted a rent control law.
The proposal would cap rent increases at 3 percent or the current inflation rate, whichever is higher. He said this was necessary to stop the gentrification of low-income neighborhood and predatory rate increases from landlords and new developers.
There will be some flexibility, Sanders said, because he understands “Wyoming is not Seattle, West Virginia is not San Francisco.”
Sanders said that Nevadans have struggled as much as anyone during the housing crisis and in the rebuilding years since.
“Today, Nevada has the greatest shortage of affordable housing and the highest rate of homeless youth in the entire country,” Sanders said. “Last year, Las Vegas had just 10 affordable housing rental units available for every 100 low-income households. That has got to change.”
Sanders attacked President Donald Trump on the issue, saying the administration is not only failing to address affordable housing, it is working to cut federal housing programs by 18 percent.
A request for comment from Trump’s campaign was not successful.
In addition to rent control, Sanders is proposing $32 billion in investment over the next five years targeted at ending homelessness, and an additional $70 billion to repair and expand public housing. The plan would also bar landlords from denying housing to those on federal assistance programs.
...
Bernie Sanders, in Las Vegas, Previews Plan for Affordable Housing
Mr. Sanders invoked his own childhood growing up in a rent-controlled apartment, and contrasted it with the privilege of President Trump.
By Sydney Ember
New York Times
Sept. 14, 2019
LAS VEGAS — Senator Bernie Sanders introduced a $2.5 trillion housing policy plan on Saturday that would include ending homelessness and limiting rent increases across the country by imposing a national rent control standard.
Mr. Sanders said that over the next decade, his plan would expand public housing, increase the availability of affordable housing and cap annual rent increases nationally, regardless of income, at no more than one and a half times the rate of inflation or 3 percent, whichever is higher. His campaign said he would be releasing his full plan within the next month.
“We have an affordable housing crisis in Nevada, in Vermont and all over this country that must be addressed,” he told an audience of about 100 people at a union hall in Las Vegas, which was hit hard by the housing crisis a decade ago. “For too long, this is one of those issues that we just don’t talk about.” ...
Mr. Sanders has long advocated for affordable housing, even during his days as mayor of Burlington, Vt., in the 1980s. But though he suggested housing was not a front-burner topic for many politicians, other 2020 candidates have also introduced housing policies.
Mr. Warren and Julián Castro, the former housing secretary under President Barack Obama, have already released their own housing proposals. Senator Kamala Harris has also introduced a bill that would allow overburdened renters to access a sliding tax credit based on factors like income and cost of rent.
Mr. Sanders said he would pay for the plan by instituting a wealth tax on the top one-tenth of 1 percent of American households, or about 175,000 households, but provided little else in the way of specific details.
During his address, part of a weekend swing through Nevada that also featured a rally at the University of Nevada, Reno, on Friday, Mr. Sanders also attacked President Trump and attempted to draw a contrast between his childhood and the president’s more privileged upbringing.
“Unlike Donald Trump, I did not grow up in a wealthy family or live in some fancy house,” he said, a thought he has expressed before. In a rare occurrence, Mr. Sanders also mentioned his mother during his address, saying she had always wanted to move out of the three-and-a-half room rent-controlled apartment in Brooklyn, where they lived when he was a boy.
“My mother’s dream was that someday we would move out of that rent-controlled apartment in Brooklyn and we would own a home of our own,” he said. “My mother died young, and her dream was never fulfilled. But during her life, at least our family was always able to afford a roof over our heads, because we were living in a rent-controlled building, which meant that for our family and all the other families in our building, rents could not be arbitrarily raised.”
By Rory Appleton
Las Vegas Review-Journal
September 14, 2019
Vermont senator and 2020 presidential hopeful Bernie Sanders returned to Las Vegas on Saturday to unveil his plan to tackle affordable housing through a $2.5 trillion national rent control initiative and major investment for building new homes and updating public housing.
“I don’t have to tell anyone here today that we have an affordable housing crisis in Nevada, Vermont and all over this country that must be addressed,” Sanders told about 100 people at Plumbers, Pipefitters and Service Technicians Local 525. “This is a national emergency.”
Sanders’ proposal is perhaps the most ambitious — and costly — plan to address homelessness, rising rent costs and housing shortages yet put forward by any of the 2020 Democratic hopefuls.
He predicted his critics would attack the cost, particularly of the rent control initiative. It requires $2.5 trillion over the next decade, which Sanders said he would raise by taxing the top one-tenth of 1 percent of earners. He stressed that 99.9 percent of taxpayers would not see any increase as a result of this plan.
Sanders’ prediction was correct.
Before Sanders had left the stage, Nevada GOP spokesman Keith Schipper tweeted: “I thought that tax was gonna pay for health care? And reducing carbon? And a multitude of other socialist wish list items? Bernie is the Mickey Mouse of politics.”
Rent control
Sanders noted that more than half of the states in the country limit or outlaw rent control initiatives, while only a handful have some sort of rent control laws on the books. Nevada has neither banned nor adapted a rent control law.
The proposal would cap rent increases at 3 percent or the current inflation rate, whichever is higher. He said this was necessary to stop the gentrification of low-income neighborhood and predatory rate increases from landlords and new developers.
There will be some flexibility, Sanders said, because he understands “Wyoming is not Seattle, West Virginia is not San Francisco.”
Sanders said that Nevadans have struggled as much as anyone during the housing crisis and in the rebuilding years since.
“Today, Nevada has the greatest shortage of affordable housing and the highest rate of homeless youth in the entire country,” Sanders said. “Last year, Las Vegas had just 10 affordable housing rental units available for every 100 low-income households. That has got to change.”
Sanders attacked President Donald Trump on the issue, saying the administration is not only failing to address affordable housing, it is working to cut federal housing programs by 18 percent.
A request for comment from Trump’s campaign was not successful.
In addition to rent control, Sanders is proposing $32 billion in investment over the next five years targeted at ending homelessness, and an additional $70 billion to repair and expand public housing. The plan would also bar landlords from denying housing to those on federal assistance programs.
...
Bernie Sanders, in Las Vegas, Previews Plan for Affordable Housing
Mr. Sanders invoked his own childhood growing up in a rent-controlled apartment, and contrasted it with the privilege of President Trump.
By Sydney Ember
New York Times
Sept. 14, 2019
LAS VEGAS — Senator Bernie Sanders introduced a $2.5 trillion housing policy plan on Saturday that would include ending homelessness and limiting rent increases across the country by imposing a national rent control standard.
Mr. Sanders said that over the next decade, his plan would expand public housing, increase the availability of affordable housing and cap annual rent increases nationally, regardless of income, at no more than one and a half times the rate of inflation or 3 percent, whichever is higher. His campaign said he would be releasing his full plan within the next month.
“We have an affordable housing crisis in Nevada, in Vermont and all over this country that must be addressed,” he told an audience of about 100 people at a union hall in Las Vegas, which was hit hard by the housing crisis a decade ago. “For too long, this is one of those issues that we just don’t talk about.” ...
Mr. Sanders has long advocated for affordable housing, even during his days as mayor of Burlington, Vt., in the 1980s. But though he suggested housing was not a front-burner topic for many politicians, other 2020 candidates have also introduced housing policies.
Mr. Warren and Julián Castro, the former housing secretary under President Barack Obama, have already released their own housing proposals. Senator Kamala Harris has also introduced a bill that would allow overburdened renters to access a sliding tax credit based on factors like income and cost of rent.
Mr. Sanders said he would pay for the plan by instituting a wealth tax on the top one-tenth of 1 percent of American households, or about 175,000 households, but provided little else in the way of specific details.
During his address, part of a weekend swing through Nevada that also featured a rally at the University of Nevada, Reno, on Friday, Mr. Sanders also attacked President Trump and attempted to draw a contrast between his childhood and the president’s more privileged upbringing.
“Unlike Donald Trump, I did not grow up in a wealthy family or live in some fancy house,” he said, a thought he has expressed before. In a rare occurrence, Mr. Sanders also mentioned his mother during his address, saying she had always wanted to move out of the three-and-a-half room rent-controlled apartment in Brooklyn, where they lived when he was a boy.
“My mother’s dream was that someday we would move out of that rent-controlled apartment in Brooklyn and we would own a home of our own,” he said. “My mother died young, and her dream was never fulfilled. But during her life, at least our family was always able to afford a roof over our heads, because we were living in a rent-controlled building, which meant that for our family and all the other families in our building, rents could not be arbitrarily raised.”
Fuck you get that from? Black wealth has been destroyed for decades by the government exporting the hood. They got blatant with it and started tearing down projects and handing vouchers out like candy. Black property values went to shit. Goodbye generational wealth. 
