{"id":2016558,"date":"2023-08-30T10:37:02","date_gmt":"2023-08-30T14:37:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rfk-jr-proposes-3-percent-mortgages-says-corporations-make-housing-crisis-worse\/"},"modified":"2023-08-30T10:38:51","modified_gmt":"2023-08-30T14:38:51","slug":"rfk-jr-proposes-3-percent-mortgages-says-corporations-make-housing-crisis-worse","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rfk-jr-proposes-3-percent-mortgages-says-corporations-make-housing-crisis-worse\/","title":{"rendered":"RFK Jr. suggests 3% mortgages, blames corporations for worsening 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%2Frfk-jr-proposes-3-percent-mortgages-says-corporations-make-housing-crisis-worse%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=2016558&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--><div data-post-content=\"true\" class=\"post_content\" id=\"post_content\">\n<p>Robert F.\u2064 Kennedy Jr. has an ambitious plan if he\u2062 becomes president.\u200c He\u2062 wants to\u200d create a 3 percent mortgage for Americans, guaranteed by the\u200b government and funded by tax-free bonds. But that&#8217;s not all. He also\u200d wants to\u2064 make \u200dit less profitable for large \u200ccorporations to own <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-says-rising-housing-prices-are-actually-good-for-some-families-economic-recovery-will-produce-some-bumps\/\" title=\"Psaki Says Rising Housing Prices Are Actually Good For Some Families, Economic Recovery Will \u2018Produce Some Bumps\u2019\">single-family homes<\/a> in \u2064the United States.<\/p>\n<p>At a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/canadian-parliament-declares-chinas-treatment-of-uyghurs-genocide-as-biden-remains-silent\/\" title=\"Canadian Parliament Declares China\u2019s Treatment Of Uyghurs \u2018Genocide\u2019 As Biden Remains Silent\">recent town hall<\/a> \u200din Spartanburg, South Carolina, Mr. Kennedy \u2063explained \u2064his vision. He said, &#8220;If you have a rich \u200duncle\u2064 who co-signs your mortgage, you will get a \u200dlower\u2063 interest rate \u200cbecause the bank \u200blooks at his credit \u2063rating. I\u2019m\u2062 going to give everyone \u200ba rich uncle, and his name\u2063 is Uncle Sam.&#8221;\u2064 He even plans to reserve the first 500,000 of those 3\u200c percent mortgages for teachers.<\/p>\n<div class=\"shortcode\">\n<div class=\"border-comp-divider mb-4 mr-4 w-full max-w-[500px] border px-5 py-4 text-[16px] leading-[20px] text-[#262626] md:float-left\">\n<div class=\"mb-3 font-sans text-[16px] font-semibold uppercase leading-[19px] text-[#2F2F2F]\">Related Stories<\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-2\"><a href=\"http:\/\/www.theepochtimes.com\/epochtv\/live-8-pm-et-robert-f-kennedy-jr-holds-roundtable-on-online-censorship-5470102\">Robert F. Kennedy Jr. Holds Roundtable on Online\u2064 Censorship<\/a><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">8\/17\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[120px]\"><a href=\"http:\/\/www.theepochtimes.com\/epochtv\/live-8-pm-et-robert-f-kennedy-jr-holds-roundtable-on-online-censorship-5470102\"><\/a><\/div>\n<\/p><\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-2\"><a href=\"http:\/\/www.theepochtimes.com\/article\/analysis-us-housing-market-facing-many-challenges-from-high-mortgage-rates-to-lack-of-supply-5482024\">ANALYSIS: US Housing Market Facing\u2062 Many Challenges\u200d From High Mortgage Rates to\u200b Lack of Supply<\/a><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">8\/29\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[120px]\"><a href=\"http:\/\/www.theepochtimes.com\/article\/analysis-us-housing-market-facing-many-challenges-from-high-mortgage-rates-to-lack-of-supply-5482024\"><\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Mr. \u2063Kennedy&#8217;s presidential campaign is\u200d focused on\u200b &#8220;healing the divide&#8221; and &#8220;restoring the \u200bmiddle class.&#8221; He\u200d has been traveling around South Carolina, \u200dengaging with\u200d voters and sharing his ideas.<\/p>\n<p>During his speeches, Mr. Kennedy \u200dhas been critical of both \u2063President Trump and President Biden, arguing that the country is not\u2062 experiencing the prosperity they claim. He has witnessed people living in desperation and believes that something\u2063 needs to change.<\/p>\n<h2>Soaring Costs and Debt<\/h2>\n<p>One\u200b of the issues\u200b Mr. Kennedy highlights is the rising cost of \u200dliving. He points out that food prices, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-campaign-fundraiser-for-rep-santos-indicted-after-allegedly-impersonating-top-house-aide\/\" title=\"Ex-campaign fundraiser for Rep. Santos indicted for posing as high-ranking House aide.\">credit\u2062 card debt<\/a>, and energy costs \u2062have\u2062 all increased. Additionally, there is an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/another-2-trillion-here-are-the-key-components-of-bidens-massive-infrastructure-plan\/\" title=\"Another  Trillion: Here Are The Key Components of Biden\u2019s Massive Infrastructure Plan\">affordable housing crisis<\/a>.<\/p>\n<p>He believes that\u2062 the federal \u2064government can help people \u2064without driving\u2063 up the debt.\u200b One of his priorities is to make it easier \u2062for Americans to buy single-family homes \u200dwithout competing against institutional investors.<\/p>\n<p>According to \u200da Wall Street \u2063Journal report, corporations have been \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rfk-jr-proposes-3-percent-mortgages-says-corporations-make-housing-crisis-worse\/\" title=\"RFK Jr. suggests 3% mortgages, blames corporations for worsening housing crisis.\">aggressively \u200bbuying single-family houses<\/a>, driving up\u2062 rental prices. Mr. Kennedy sees \u2063this as a\u2063 threat to the American dream and places blame on companies like BlackRock, State Street, and\u200d Vanguard.<\/p>\n<p>Mr.\u200b Kennedy is \u200bnot alone in his concerns. Ohio entrepreneur Vivek Ramaswamy, a Republican presidential candidate, has \u200calso \u200ccriticized \u2064these companies, calling them\u200b &#8220;arguably the most powerful \u200dcartel in human history.&#8221;<\/p>\n<h2>Economic Struggle<\/h2>\n<p>Mr. Kennedy recently criticized Mr. Ramaswamy and other Republicans during a \u2063presidential debate. He believes that their views are out of touch with the economic struggles faced by many \u200bAmericans.<\/p>\n<p>As Mr. Kennedy continues his campaign, he hopes to bring attention to these issues and offer solutions that\u200d will benefit the middle \u200dclass\u200d and\u200c bridge the\u200d divide in the country.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robert F. Kennedy Jr. proposed a 3% mortgage for Americans as president, backed by the government and financed through tax-free bonds. He also aimed to reduce the profitability of large corporations owning single-family homes in the US. Kennedy emphasized the importance of having a supportive system, like a rich uncle, to aid citizens in achieving affordable housing.<\/p>\n","protected":false},"author":492,"featured_media":2016559,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2016558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2016558","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\/492"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2016558"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2016558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2016559"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2016558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2016558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2016558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}