Don’t Burn the Bridge to
the American Dream
For millions of Americans, homeownership has become harder than ever. With rising mortgage rates, property taxes, and insurance premiums, families are being priced out homes and opportunity.
For Americans throughout the 20th and 21st century, renting has been the bridge to a better life.
But now, some politicians in California are pushing misguided proposals to cap rental housing, instead of being honest with their constituents. Politicians need to be clear to voters about what bans on who can own single family rental properties are: Bans on young parents and working class people from access to quality neighborhoods, good schools, and safe streets.
🏘️ Rental homes are nearly 40% less expensive than owning
They offer families the flexibility and affordability they need to save, build credit, and eventually buy a home.
We Need More Homes, Not Fewer Options
New Democracy supports policies that expand housing access by building more homes of all kinds, not choking off supply with rent caps and misguided restrictions on rental property ownership.
Tell your legislators: Don’t burn the bridge to the future, and vote No on AB1240.