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Gavin Newsom: “Institutional investors are snatching up homes by the…”

Featuring: Gavin Newsom, Democratic | Governor of California

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LIVE: California Gov. Gavin Newsom delivers final State of the State address

Published | Video Starts at 42:31

We have that opportunity which. Another area that also requires our, I think urgent attention and that's the Institutional investors are snatching up homes by the hundreds and thousands at a time. These investors are crushing the dream of homeownership and forcing rents too damn high for everybody else. (42:31–42:42)

CLAIM

Asserts that institutional investors are buying large numbers of homes, affecting homeownership and rent prices.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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