One of the most troubling things. Young people today, more than the last five generations, don't believe they'll ever own a home. They're paying more in rent than they pay on a monthly mortgage payment, but they can't get the money together for a down payment. We should be partnering with local communities and local businesses and young people on how can we get them in, you know, to buy a home. Cheaper, obviously. (10:09–10:17)
CLAIM
Asserts that high rent costs prevent young people from saving for home down payments.
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.