Bernie Sanders proposes a 25 percent 'House Flipping tax' in new housing plan

Bernie Sanders.
(Image credit: Michael Ciaglo/Getty Images)

Sen. Bernie Sanders (I-Vt.) unveiled a new plan to tackle America's affordable housing crisis Wednesday, just one day after President Trump made headlines when he criticized the problem of homelessness in California.

Sanders, who hopes to challenge Trump in 2020 as the Democratic presidential nominee, laid out a series of ideas to rehabilitate America's public housing, make rent more affordable, strengthen tenant rights, end homelessness, and make it easier for people to purchase a home. He also carved out a section dedicated to combating gentrification.

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Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.