US (AMERICANS FOR FINANCIAL REFORM) : I told CONGRESS the truth about WHY HOUSING is UNAFFORDABLE.

 

I was honored to testify before the House Oversight Committee  on behalf of the millions of renters, homeowners, and families  who are being crushed by an increasingly unaffordable housing  system. I talked about how families pay more every year for less stability. I detailed  how renters are getting stuck with massive rent hikes. And I touched on the  rot that leaves first-time buyers completely locked out. Through my testimony, I uplifted the stories of Black, brown,  low-income, and frontline communities who are being displaced and  stripped of stability by Wall Street landlords, corporate developers,  and private equity firms that treat housing like a financial asset  instead of a human need. I also made clear that this crisis is not inevitable. It is the result of policy choices that reward  corporate consolidation, speculation, and extraction while leaving families with fewer  options and less security. Those choices can be reversed, but only if Congress is willing to  confront the financial actors driving this damage instead of continuing to look the other way. In order to win big change in this divided partisan environment, Americans for Financial Reform comes at it from all sides. On Capitol Hill, where we educate and support Members  of Congress and their staff. In the media, where we change the narrative fighting back  against Wall Street and private equity giants. Online, with our powerful network of more  than 300,000 people nationwide, writing letters, making calls, and keeping the pressure on. Now is not the moment to slow down. Please donate today to deliver the resources needed to pressure lawmakers, expose  corporate housing abuse, and push for real solutions that make housing affordable  for everyone. DONATE This crisis is the result of years of policy choices that favor speculation over stability  and profit over people. Housing costs are rising faster than wages. Corporate landlords  are consolidating power and pushing rents higher. Families are forced to choose between  housing, food, health care, and child care. We are pressing lawmakers to confront corporate consolidation in housing. We are exposing  how financial actors extract wealth from renters and communities. We are backing policies  that stabilize rents, protect tenants, and rein in corporate abuse. And we are organizing with  partners across the country who are fighting eviction, displacement, and predatory housing  practices in real time. Forcing housing affordability onto the congressional agenda does not happen on its  own. It takes research. It takes pressure. It takes showing up again and again, even  when Wall Street landlords, corporate developers, and private equity firms would  rather this crisis stay invisible. That is exactly what Americans for Financial Reform does. And we can only do it  because of you. Please donate now to support our fight to make housing affordable  and stable for everyone. Together, we can force housing affordability to the top of the agenda. Caroline. Caroline Nagy (she/her) Associate Director of Housing Americans for Financial Reform. Support the campaign

Americans for Financial Reform