We need to put families first. Homes are for families and not investments. Interest free loans for young couples and families.
We had a $4 billion dollar budget surplus that has not been giving back to the taxpayers or put back to any meaningful programs. Interest free mortgages would cost the state budget very little, and have a huge positive impact for Wisconsin families. At a 6% interest rate, over HALF of your mortgage is interest, effectively doubling your cost of home ownership.
Investment firms such as Black Rock and Vanguard should be banned from buying up single family homes.
Investment firms are on track to own 7.6 million homes, or more than 40% of single family rentals on the market by 2030.https://www.cnbc.com/2023/02/21/how-wall-street-bought-single-family-homes-and-put-them-up-for-rent.html
Putting Wisconsin families first is the foundation to our state and nation’s future and should be a non-partisan issue.
Without home ownership, it becomes almost impossible to raise a family or retire. We want our future generations to be able to buy a home here where they grew up in.