“We need more housing”: Elizabeth Warren on gentrification & lack of affordable housing in the U.S.

“We need more housing”: Elizabeth Warren on gentrification & lack of affordable housing in the U.S.


So, many of our most vulnerable communities
are being gentrified. Yeah. They’re being gentrified from the impacts
from climate change. They are being gentrified by the guise of
revitalization. What would you do about this displacement
that is continuing to happen? So, can I just do this one — I’ll start
on housing, because this is the biggest area. We’ve got a housing crisis in this country. Gentrification is certainly part of it, but
think about it in a larger context. Two generations ago, where was the source
of new housing for working families, for the working poor, for the poor poor? Where was it? You had two places. One were private developers. They’re not there anymore. They’re not building that housing; they’re
building McMansions. And I’m not mad at them; that’s where
their profits are. But they’ve left the area. I grew up in a two-bedroom, one-bath little
house. It was in the last row of — last street
in Norman, Oklahoma. The garage had been converted into a bedroom
for my three brothers. Nobody is building that house anymore. There are not private developers. Second part is federal government, that used
to pump money into housing and has really largely backed out of that. So, I have a plan for that. And that is to build about 3.2 million new
housing units across America. We need more housing in America. And this is housing for working families. It’s housing for the working poor. It’s housing for the poor poor. It’s housing for the homeless. It’s housing for seniors who want to be
able to age in place. It’s housing for people with disabilities
who need specially outfitted housing. It’s housing for people who are returning
from prison and who need a place to be able to live. We need to build more housing in this country. An independent analysis shows that my plan
would reduce rents across the nation by about 10%. And what they do is they let people — we’ve
got to get these down into the communities. They let people stay in the communities. They let people have new housing in those
communities, housing that they can afford and be part of. And then, one other little part, when you’re
talking about housing, is the role that housing plays in wealth. You know, the number-one savings plan in America
is buy a house, for middle-class families. Number-one retirement plan, live in your house
and try to pay it off and then live on your Social Security when you retire. It’s the number-one way that wealth is transmitted
from one generation to the next. If grandma and grandpa can hold onto the house
until they pass, there’s something there for the kids and the grandkids and the great-grandkids. So it should be no surprise to you that for
generations the American government, the federal government, subsidized the purchase of housing
for white people and discriminated against the purchase of housing for black people. It’s called redlining. And it created a black-white wealth gap that
continues even to this day because of the generational effects, as well as what’s
happened in these communities. So, my housing plan is not only about 3.2
million new housing units across this country, in little communities and big cities all across
America. It also says we’ve got to stop and recognize
the racial dimension of what happened here. So, I have first-time homebuyer assistance
for people who live in formerly redlined communities, and people who were targeted during the financial
crash and lost their homes, so we give people a chance to get back on level footing. We can’t keep passing these laws that are
racially neutral on their face, where we say, “Oh, same housing for everybody.” We’ve got to acknowledge the past wrongs
that are still felt today, the past official discrimination of the United States government
that is still felt today, and we’ve got to take steps toward making that right.

97 Comments on "“We need more housing”: Elizabeth Warren on gentrification & lack of affordable housing in the U.S."


  1. Warren sometimes reminds me of the Fairy Godmother from Shrek. So sweet and nice and yet you can't help but feel on edge around her.

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  2. Building housing is a gift to Property Corporations and their partners in Banking and Local Government. Subsidies for housing actually pay the people who are causing the housing crisis.

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  3. ONLY 10% REDUCTION!?!? THAT AINT SHIT! apparently you don't know how little we make or how high rent actually is.

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  4. Gentrification! Lol. Keep calling people moving into terrible run down communities and fixing them up a bad thing.

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  5. Why are the same damn issues ALWAYS being milked over and over again. All politicians do is play political football over jobs, housing, healthcare, etc.

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  6. She had a point about redlining. She acknowledges that there is a crisis but her plan and her reasons why are skewed to me. First, it is not a thing of the past the systemic plan for redlining which was present before and is still present. She believes it's a thing of the past. Nobody in the comments believe this is true because they have all been brainwashed into believing that we live in a colorblind society. Second,politicians know that redlining works even with new laws in place, whites will never want to live next too a non white. They don't want non whites to pass on generational wealth. They wants non whites to keep believing the lies. It is when the people unify and accept that we live in a racist society not a color bind society that change will occur. Until then, they us right where they want us in the freakin ghetto .

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  7. Fuck a house this woman using talking points. Give me 40 acres and mule and let me build on my own land. Shit 1 to 5 acres would be enough. Then take money out the equation and the only necessity is to manage your land grow food or medicine and give 10% of that into community pot. Then stop government from moving into peoples land to steal oil. This woman is fraud she didnt have one single solution except 10% rent drop and more colonialism building someone else a house the way they want to not according to the actual land owner. She is in desperate attempt. She straight fake. Hey I get it wall street scared of her but she wasnt talking like this before and now white rule is being demolished by god himself they scared shitless. And all they dirty laundry out to dry. Hate to say it cause there isnt one brother they will ex pet after Obamaand he was sell out. White folks desperate to hold power especially after seeing a brother do it better. Now they tripping. Her plan wont help anyone if people are being displaced. And losing they homes to natural disasters. This is another plow. They gonna put yo black asses by volcano and wait for it to erupt and the move the next idiot in. I would never vote a white lady into presidency. Her plans are good but they can be done without presidency. See all these white folks as the world burns all of sudden got the answer when its they fault the world is burning and in so much hatred and not having kids and no more families. They the reason the world is screwed up for their own greed. And it's not over they just putting on a face now. I'm straight with her if she about what she says shell do what she says she gonna do without presidency. Because without the presidency she wouldnt do anything she saying.

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  8. With all the empty houses in America, why do we need new housing? This issue is a housing crisis like 2008 that is based on high rent instead of mortgage. Why a knock off when we can have the real progressive, Bernie Sanders.

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  9. I agree with Warren I live in a small community where housing and rents are outrageous because of lack of housing. Im lucky to have a home but those that don't struggle to survive on high rents. Read her policies they are extremely detailed and intelligent and she cares. Warren 2020!!!

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  10. It's all tip toeing. She is correct; but to admit that the root of U.S. Capitalism was the alchemy of turning aboriginal land, and agricultural service from Gold to Paper solely to extract wealth from indigenous, black, and aboriginals, to ultimately cipher a class that reflects the visions and prejudices of the founding fathers; is intense. It's maddening to deconstruct and correct on an individual level, and many people in subtle privileges have benefitted from this process for capitalism in the U.S. so they fear condemning it.

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  11. The Americans will be so much better when she president. It would be a big load off the people to have a leader that does not make everyone sick like the present one.

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  12. Do so many of the people who advocate for rent controls, etc. also organize for improved public health, neighborhood beautification, litter abatement, property preservation, etc?

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  13. It's the wealth gap which is creating burdens on the people. There are so many empty housing and apartments in this country, mainly because nobody wants too or has the means to live in them. Warren is just spouting political nonsense to make herself seem like she is with the working class.

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  14. 10% difference in rent isn't going to solve the homeless problem. We need stronger ideas. Maybe fines for a home that is consistently vacant proportional to the cost? And fraud charges also should be proportional to a person's wealth. There are way too many empty houses, condos, apartments, etc. reserved for the wealthy who never intend to use said property, just to accrue more wealth.

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  15. California with its supermajority of dimwits cant get homes affordable or clean the urine soaked streets with feces and hypodermic needles.

    Its the second most expensive place on planet earth to own a home.

    Why cant nutty Newsome show us how to get homes affordable.

    Look leftist radicals can't all they do is bitch and steal from productive people

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  16. There is no "housing crisis". The only crisis there might be is where Democratically-run cities refusing to build new housing, Pocahontas. And YOU are worth $14 million…. how'd you get that?

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  17. Important to LISTEN to what she says here…"My plan is to build 3.2 million more housing units." Warren clarifies that she's talking about affordable–low and middle income–focus on first time home buyers and those who were negatively impacted by red lining.

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  18. She is so full of shit. Completely insincere. Says all the right things, does nothing about it. She's "just a player in the game", as she recently put it. She sure is. That's the problem.

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  19. Elizabeth, worked back when you and I were growing up, but too many of today's families don't take care of a house or hold on to it long enough to pass it down to their children.

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  20. Warren is so fake it is sad that DN gave her the time of day. Does the DNC buy you off DN? Democracy now is turning out to be like CNN, MSNBC, The NYT, Wapo, Politico & the rest of the corporate media.

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  21. Now can you bring on a real progressive, say Nina Turner & analyze that fake progressive Warren´s answer. You are biased in your coverage of this ex republican who still votes like one .

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  22. Until 1996 Warren was a diehard conservative. She loved Reagan. She applauded when Trump said this country would never be socialist. She voted for Trump´s tax cut on the rich & for his military bill. Sanders did not. She is known for hating poor people, read her 2003 book The Two Income Trap.

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  23. Why dont you just take over all the homes lost in the last recession and put all the homeless people in them lol

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  24. She´s so phony, once a Republican, always a Republican. As a woman of color I will never vote for a fake progressive who copies all of Sanders policies. I vote & support the original.

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  25. She makes up a lot of bullshit numbers. 3.2 million houses? pulls a number out of the air. 10% rent reduction across the board. Arbitrary talking points. Blah Blah Blah

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  26. Can DN do some real journalism & bring up her record when she was a republican & even as a democrat. A book to read to know how awful she truly is is on housing & the poor is her 2003 book The Two Income Trap.

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  27. 🇺🇸🇺🇸🇺🇸WARREN 2020🇺🇸🇺🇸🇺🇸
    I'm a senior and I KNOW WE need MORE housing!

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  28. Hey Amy, stop with your love of fake progressive Warren & do some true journalism. Look at her record, her past, her copy cat policies & stop promoting her. Shame on DN.

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  29. I agree substantially with Elizabeth Warren but my experience as a homeless undomiciled married senior couple for twelve years in N.Y.C. is that white people are called "white trash" and are discriminated against in shelters, by shelters and for sales and counter clerk jobs where Blacks, Hispanics always have the first opportunities and in housing pools as well. Maybe Banks redline but our N.Y.C. gov't definitively treats Whites as Trash. I was born here in N.Y.C. and lived here all my life and was harrassed out of my stabilized apartment.

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  30. I heard (on what seemed like good authority!) that in San Francisco in the 1960s a family in crisis could be rehoused in a matter of days. The decline of housing security since then is the clearest sign of the system-wide loss of opportunity and equality. Housing could easily turn out to be the single most important cabinet position in a progressive government. A huge number of the biggest economic issues can be attacked through it, and that's not even taking into account the added complications of the historical racial divide.

    One immediate use for a federal house-building program is as stimulus during what could be a Depression-level downturn during the 2020s. Most leading indicators suggest a recession has already begun. And nearly half the workforce could be described as "working poor", and as extremely insecure. High job-creation figures increasingly tend to reflect a high rate of churn between low-quality jobs. So the targeting of a massive house-building program (which should possibly pick up lessons from Japanese best practice), and the attached financing to ensure working-class buy-in, could be vital for holding the economy together. There's probably no form of stimulus spending with more immediate impact (and value for money in long-term benefits).

    What shows really clearly that there is no net cost to meeting 2030's environmental challenges and targets is that the FASTER we try to make a just transition – in energy – and in bringing on housing stock that's affordable, healthy and sustainable – then the BETTER it is for economic growth. It was easier during the financialization boom of these last decades for people to get away with myths about there being a financial COST to economic, social and environmental justice.

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  31. Gentrification is nothing more than turning non-prosperous, high crime dysfunctional neighborhoods into prosperous, low crime and functional neighbors that people want to live in. Progressives are famous for pushing low income communities out and then making it so expensive to live that the homelessness, drug and mentally ill problem explodes. Just look at any Progressive majority major cities. The same pattern repeats itself. Hey Progressives the truth sucks when it smacks you in the face, doesn’t it?

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  32. I’m over Elizabeth Warren now. I couldn’t care less about her plans. I just want this 2020 situation to get done and over with. People just want peace of mind. That’s all I want. I will vote for Joe Biden and pray that more people have sense and to help us get to normalcy by supporting him. It’s feasible that we can get things done with him… progressive or otherwise. Let’s just get to the end.

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  33. Government pumps money for war fare. When you die you can't take your weapons with you. Warren cares about Americans welfare

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  34. What are you gonna do for the black community to stop redlining and gentrification building houses it's not going to change anything if you don't change the above

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  35. This woman is beautiful and so right about what she’s saying here that I will vote 🗳 for her fo sure, thanks 🙏

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  36. Warren is a poser. Bernie Sanders is the real thing. Warren would do nothing if elected. Sanders will change the world for the better.

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  37. like " yes we can " and then don't. That's why predominantly only the well-off bother to vote. Austerity is reserved for the hardworking underpaid majority.

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  38. more housing? with what money? from taxpayer money, right? well, it is just awesome to work and to pay for building houses for others.

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  39. She needs this nomination, for our country. She is capable of the greatest good for the greatest number of people.. She gets it. Much of what she says mirrors Jill Stein, she cares.

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  40. No we don't need more housing, we need less speculation upon housing.

    The profit motive once again destroys society via rent seeking.

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  41. There's homeless worldwide. Politicians are shaking in their boots. They'll say anything, but the answer isn't spoken yet. No central leadership, new money/economy/ free housing/ free clothing/ free food/ free healthcare…no, it won't be "communism."

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  42. Housing would need appliances, utilities, furnishings, grocery, clothing..A very costly endeavor…I suppose Soviet style communes would be the way to go to make it the least expensive…At that, it is a multi billion dollar investment before one even gets to addressing the real problems of mental health and drug abuse and overall medical…Quite a hole to dig out of, but it must be addressed.

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  43. If we deported MILLIONS of illegal immigrants, think of all the rental units that would then become available with correspondingly-lower rates. Too complicated? Quit coddling illegals, deport them, and watch housing become more affordable. Also, quit voting for politicians who support the low-interest federal reserve banking system so that the banks can actually fail and force a downward pressure on real estate prices.

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  44. We need less border jumpers who are stealing the housing and the jobs from True Americans!!!!! Granny Warren needs to retire !!

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  45. Elizabeth Warren is a extremely smart candidate. She knows all about the issues that directly hurt “the people” and has excellent plans to correct the injustices that are affecting the masses at this time. My hope is that “the people “ don’t vote against their own interest. My fear is that if people don’t educate themselves and VOTE then our democracy is lost. Bernie is also a excellent candidate, either would be awesome.

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  46. This is why I like Bernie better, similar proposals except Bernie’s are just bigger, better and more radical

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  47. She doesn't want to help with a black bill, but with red line communities bill; but these communities don't have the descendants of red lines there anymore. Because as she says gentrification isn't the big picture but it was the next assault. But if she goes to these neighborhoods she will find the population went down 50 percent

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  48. This is something that should be coordinated with the Governors (If matching State to Federal funds is viable) in every State which should have the data on homelessness on a county/city basis. And it is these construction contractors who have or have had previous government contracts in housing construction within these States, counties and cities and even additional contractors that could bid or are capable of building large tracts of housing should be on the itinerary of available contractors for the building of homes for the homeless and low income below or at baseline poverty levels. These will be rent-controlled rates that are not controlled by private property ownership (but still subject to housing inspection standards and requirements for any repair contracting); rental rates which can allow the homeless to move in immediately with basic transitional housing counselling, such as doing things differently than pushing shopping carts, where the next shopping cart is or where did you park your last shopping cart. And it will take an unprecedented effort on the part of Local, State, and the Federal governments for a solution as this, which without the complications of homelessness will only continue to grow out of control. There is no shortage of lands in cities and counties or shortage of abandoned swaths of former commercial or industrial enterprises or even dilapidated housing that can be rebuilt. A timeline reporting to the Federal Government and State Governors of that availability of land should be adhered to so that the fund and budget allocation matching process could be rapidly expedited as States, Counties, and Cities announce the construction of that housing. It is something that should have been done years ago regardless of Democratic or Republican failures, and by now the only thing that should be necessary would be occasional new housing tracts and post project maintenance or repairs to that housing.

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  49. That's nice and I like Elizabeth Warren. But 10% reduction in rent is not enough. The goal should be increasing home OWNERSHIP for minorities and low income whites. We need the ASSET not just a rent reduction. We also need legislation that directly targets gentrification in order to STOP it. People should not be run out of their own neighborhoods just so people with higher incomes can get a discount on property. What makes THEM so special? 😡 Oh wait…😐

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  50. 3.2 million housing units. we have an estimated 17 million (lowball) americans living in EXTREME POVERTY. people living on less than $2 a day, like Bangladeshis. DO THE MATH. Bernie 2020!

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  51. Shes right, ot seems the housing built nowadays is out of the reach of people who can barely afford rent, why is that? Not everyone is going to ba able to afford McMansions. What.are these groups going to do when no one is buying their houses? What this country look like with empty houses, while people who need a house, can't afford. Dude, with automation a lot of people are going to be out of work, where Re they going to live…..public housing built on land that greedy land grabbers building houses no one can afford?!?!?

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  52. She’s just a player in the game. Shame on you for promoting her. Why aren’t you showing the part where she scoffed at you and stormed off the stage? This isn’t even a good answer. There is only one candidate with a great housing plan and the record to back it up. Their name is Bernie Sanders.

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  53. Bernie Sanders has three houses. Let's put all the illegal migrants into at least two of them and the rest in Warren's empty bedrooms.

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  54. Batshit insane communists Warren, Bernie and pretty much all of the Demos. Truly insane.

    Idiots will follow. Idiots will starve to death and death will come to them very prematurely

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