On the recordApril 17, 2024
My son Paul broke my heart with a question. He asked: Mom, will you come visit me when I grow up and live outside of California? I asked: Why would you want to live out of State? It wasn't that there is somewhere else he would rather be. He was just a teenager, a teenager already worrying that he wouldn't be able to afford to live where he grew up. He was right to be worried. We all face a big cost-of-living problem. Housing has become too expensive and affordable housing altogether too scarce. The National Low Income Housing Coalition estimates that there is a nationwide shortage of more than 7 million affordable homes. That is not just a problem; it is a full-blown crisis. Washington has bungled this for decades, and nothing is changing. Earlier this year, bipartisan House and Senate leaders promised the biggest investment in housing that Congress has made in 35 years. Until the deal fell apart. We are back to solving yesterday's problems tomorrow maybe. Washington insiders may not have a plan, but I do. Let's start with the easiest step. Let's create a housing committee. We currently lump housing issues into the Financial Services Committee, a body focused on Wall Street, banking, and financial markets. However, housing is about so much more. It is about shelter. It is about well-being. It is about opportunity, not just about Wall Street profits.…





