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Kamala Harris wants to stop Wall Street’s homebuying spree

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Summary
Nutrition label

74% Informative

Kamala Harris wants to crack down on Wall Street investors who buy up and mark up homes in bulk.

The Vice President wants Congress to pass the 'Stop Predatory Investing Act' The housing market has become increasingly unaffordable, particularly for first -time homebuyers.

The median sale price of a home in June rose 4% from a year ago to $ 442,451 .

Harris plans to order the construction of 3 million new housing units to help ease the supply shortage over the course of four years .

Harris would introduce a tax incentive for homebuilders who build starter homes sold to first -time homebuyers.

The Department of Housing and Urban Development announced $100 million in funding to reduce barriers to affordable housing construction.

VR Score

83

Informative language

86

Neutral language

79

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links