Robert F. Kennedy Jr. Advocates for 3% Government-Backed Mortgages
During his campaign in South Carolina, Robert F. Kennedy Jr. proposed implementing a 3% mortgage rate for Americans if elected president. He suggested that this rate would be backed by the government and funded through the sale of tax-free bonds. Kennedy also expressed his desire to prevent large corporations, such as BlackRock, State Street, and Vanguard, from acquiring single-family homes in the United States. He criticized the Biden administration for the increase in food prices, credit card debt, energy costs, and home prices during a town hall. Kennedy accused these corporations of targeting single-family residences and referenced the World Economic Forum’s agenda of a “New World Order” and the “Great Reset” that aims for individuals to own nothing and be happy.
