I support this because it is good policy, and I support it because my constituents want me to support this. But I also support it because my children and grandchildren deserve better than what we are currently delivering. For example, I have a family member who has gone to medical school. This individual has taken out enormous amounts of debt to achieve that significant opportunity to become a doctor and currently is in that practice. At the same time this individual has taken on the burden of a home mortgage, which in the State that this individual resides in is costing up to $500,000 for that individual to just buy a home and take on a mortgage. When added to the medical school debt, this individual in their early thirties is subject to a million dollars of debt. In the State of Utah where I am from, the median home price is more than $500,000. In other States that many people are moving to you are looking at three to $500,000 just to buy a starter home. These costs are unacceptable.
Mike Kennedy: “I support this because it is good policy, and I support it because my constituents want me to support this. But I also…”
Editor's note · Context
Speaking in support of the Housing for the 21st Century Act and addressing housing affordability issues.
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