HOUSING
Walz and Vance offer wildly different visions for how to solve America’s housing shortage
| October 1, 2024
During Tuesday’s vice presidential debate, Tim Walz highlighted the importance of building more affordable homes for families and holding accountable Wall Street investors who buy up housing and treat it as a commodity, while JD Vance continued to demonize undocumented immigrants and blame them for the nation’s housing shortage.
Harris’ plans aim to make housing more affordable. Trump’s plans are less clear.
| September 19, 2024
Harris has vowed to increase the available housing supply by three million homes and to provide lower-income first-time homebuyers with up to $25,000 in down payment support. Trump, on the other hand, has offered no specific plans for addressing the housing crisis.
Fed’s decision to cut interest rates could lower housing costs
| September 19, 2024
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could lower rental costs.
Kamala Harris wants to make it easier to afford housing in Texas
| September 4, 2024
After years of a worsening housing crisis in Texas, Kamala Harris’ proposals seek to create three million homes by 2028, provide down payment assistance to first-time home buyers, and crack down on price fixing among corporate landlords.
Rent increases would be limited to 5% per year under new Biden-Harris plan
| July 17, 2024
The plan calls on Congress to pass a law that would withdraw tax credits from landlords who raise rent by more than 5% annually. If passed, the plan would apply to about half of all rentals in the United States.