{"id":1659346,"date":"2022-09-27T05:05:36","date_gmt":"2022-09-27T09:05:36","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659346"},"modified":"2022-09-27T05:06:16","modified_gmt":"2022-09-27T09:06:16","slug":"this-montana-democrat-invests-in-company-she-blames-for-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/this-montana-democrat-invests-in-company-she-blames-for-housing-crisis\/","title":{"rendered":"This Montana Democrat Invests in Company She Blames For Housing Crisis"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthis-montana-democrat-invests-in-company-she-blames-for-housing-crisis%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659346&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <a class=\"\" href=\"https:\/\/freebeacon.com\/democrats\/\">Democrats<\/a> <\/p>\n<p class=\"article-excerpt\">Monica Tranel owns up to $50,000 in Airbnb stock, financial disclosures show<\/p>\n<p>   Monica Tranel (YouTube)   <a href=\"https:\/\/freebeacon.com\/author\/philip-caldwell\/\" title=\"Posts by Philip Caldwell\" class=\"author url fn text-red-700\" rel=\"author\">Philip Caldwell<\/a> \u2022 September 27, 2022 5:00 am  <\/p>\n<p>A Democrat running for Montana&#8217;s newest congressional district may have profited off a company she says blocks Montana families from affording homes.<\/p>\n<p>Monica Tranel has <a href=\"https:\/\/dailyinterlake.com\/news\/2022\/may\/23\/q-us-house-candidate-monica-tranel\/\" target=\"_blank\" rel=\"noopener\">slammed<\/a> Airbnb and other vacation rental services for depleting the supply of long-term rentals and homes in her state. But financial disclosures <a href=\"https:\/\/disclosures-clerk.house.gov\/public_disc\/financial-pdfs\/2022\/10048818.pdf\" target=\"_blank\" rel=\"noopener\">show<\/a> Tranel owns up to $50,000 in stock in Airbnb, meaning she stands to gain from a company she said robs families of a &#8220;fair shot at owning and renting a home.&#8221;<\/p>\n<p>Tranel&#8217;s investments could hurt her chances as she squares off against Trump administration interior secretary Ryan Zinke. The price of a typical home in Montana has increased by 46 percent since late 2020, <a href=\"https:\/\/www.zillow.com\/mt\/home-values\/\" target=\"_blank\" rel=\"noopener\">according<\/a> to Zillow, and polls\u00a0<a href=\"https:\/\/montanafreepress.org\/2022\/05\/03\/poll-growth-affordable-housing-problem-for-montana\/\" target=\"_blank\" rel=\"noopener\">show<\/a> 77 percent of Montanans are concerned about housing affordability. Experts <a href=\"https:\/\/scholarworks.umt.edu\/cgi\/viewcontent.cgi?article=1419&amp;context=itrr_pubs\" target=\"_blank\" rel=\"noopener\">say<\/a> Airbnb contributes to skyrocketing prices, as houses that would otherwise be available to Montanans are taken off the market and converted to short-term rentals for travelers.<\/p>\n<p>It is unclear when Tranel purchased the Airbnb stock, which is currently valued at <a href=\"https:\/\/www.google.com\/finance\/quote\/ABNB:NASDAQ?sa=X&amp;ved=2ahUKEwiq5YHuirP6AhWjF1kFHUM_BIgQ3ecFegQIGRAg\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/mailtrack.io\/trace\/link\/86d8c4f9c6bf85ba8a916561fcaf30ea3f00c1ad?url%3Dhttps%253A%252F%252Fwww.google.com%252Ffinance%252Fquote%252FABNB%253ANASDAQ%253Fsa%253DX%2526ved%253D2ahUKEwiq5YHuirP6AhWjF1kFHUM_BIgQ3ecFegQIGRAg%26userId%3D6348687%26signature%3Dedda8bd7d085e41d&amp;source=gmail&amp;ust=1664303572694000&amp;usg=AOvVaw2I2PrbOcOGx0csSrbpwWS3\">just over $100 a share<\/a>, or whether she has seen gains on her investment. Airbnb valued its stock at $68 a share when the company went public in December 2020. Share prices rose to over $200 in its first months as a publicly traded company before plummeting at the height of the coronavirus pandemic.<\/p>\n<p>Tranel&#8217;s financial disclosures do not indicate when she purchased the stock. Tranel&#8217;s campaign told the <em>Free Beacon<\/em> she is &#8220;committed to putting her investments and retirement in a true blind trust&#8221; if elected, and remains focused on &#8220;addressing the housing affordability crisis facing Western Montana.&#8221;<\/p>\n<p>Tranel has made the damaging impact of short-term rentals a focus of her campaign rhetoric on housing affordability. At a candidates&#8217; forum last month in Missoula, Tranel <a href=\"https:\/\/youtu.be\/bSjVyFhOQT8?t=3233\" target=\"_blank\" rel=\"noopener\">said<\/a> she would work to &#8220;make sure that the people who own homes in Missoula are actually living in them.&#8221; Her &#8220;4-Point Working Families Affordability Plan&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Democrat running for Montana&#8217;s newest congressional district may have profited off a company she says blocks Montana families from affording homes.<br \/>\nThe post This Montana Democrat Invests in Company She Blames For Housing Crisis appeared first on Washington Free Beacon.<\/p>\n","protected":false},"author":160,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1659346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1659346"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1659346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1659346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1659346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}