Senator John Kennedy

Now, if you do that, we're going to reward you.

We're going to give you extra CDBG money.

And you say, well, where's that money coming from?

And then we tell them, well, here's the bad news.

If you don't do it, you don't have to.

But we're going to take away proportionately your CDBG money.

So we use a carrot and a stick.

And we would turn to, let's say, the zoning board in San Francisco, which doesn't want to allow anybody to build a new home.

because the attitude of people is not in my backyard.

We say, that's fine.

That's your business.

But you're not going to get any free money from Washington if you don't increase housing starts by 3% to 5% a year.

You know what?

They'll do it.

Some won't.

They'll have to get burned by the stove, but they'll eventually come around.

That will work.

With all due respect to the president, I don't think barring corporations from being able to buy houses, they own a very small portion.

I just don't think that's going to have enough of an economic impact soon.

And also, frankly, I wonder about the constitutionality of it.