The reason is because this is a bill that is helpful in rural areas and urban areas, all aiming toward bringing down the cost of building new units of housing. Because that's our answer, you gotta build more housing. And because This bill, for the first time ever, says to private equity, you do not get to come into our neighborhoods, buy up all the housing, turn us into a nation of renters. First bill ever to say no to private equity. Love this moment. And damn if we didn't get Democrats and Republicans to sign off on it. (06:34–06:49)
CLAIM
Asserts that the bill restricts private equity from buying up housing and turning communities into renters.
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