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The plan will cost about $ 2.5 trillion over the next 10 years, said the Vermont Independent during a speech in Las Vegas, recognizing it was "expensive".
Sanders said that he would call for a national standard of rent control, "capping annual rent increases across the country at one and a half times the inflation rate or at three percent, depending on the amount the highest, "he said.
Sanders did not specify how he would pay for this plan, aside from raising taxes on "one-tenth of a percent" of US households. He pointed out that, in his housing proposal, "99.9% of Americans will not see their taxes increase by one cent".
He noted that his late mother's dream – that their family was moving from their rent-controlled Brooklyn apartment back to their own home – never materialized.
"But in the course of his life, at least our family has always been able to afford a roof, because we lived in a rent-controlled building, which meant that for our family and all the other families in our building, rents could not be raised arbitrarily, "he said.
Sanders also announced that he would expand the national trust fund for affordable housing and create an additional two million units, which he said would "create very many well-paying union jobs."
He will fully fund the Section 8 rental assistance program and implement anti-discrimination protections for program beneficiaries against homeowners, he said.
Sanders has called for investing more than $ 32 billion over the next five years to address homelessness, $ 70 billion to repair and develop social housing and $ 50 billion in state and local grants to create community land trusts.
He also called for empowering localities "to go even further in order to protect tenants from soaring housing prices" and to "require real estate developers that they include affordable housing in the construction new developments ".
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