Well, I don't think the federal government should be involved in who can buy houses, but we do have to protect the consumer from price gouging. Everyone knows the difference between someone making a profit and someone taking advantage of our community. So The Home act is meant to determine that if you're in a housing shortage and these corporate investors come and buy up all the homes and they jack up the prices to unreasonable rates, that that's hurting your community, we're going to find them. We're going to put that money back into affordable housing just like we did when we brought $500 million to the home means Nevada program to get people into affordable housing. (11:32–11:45)
CLAIM
Asserts that the Home Act aims to penalize corporate investors who inflate housing prices during shortages.
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.
