Kamala Harris's housing plan is most aggressive since post-World War II boom, experts say
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Kamala Harris's housing plan aims to boost U.S. housing supply significantly; experts Jim Parrott and Mark Zandi claim it is the most aggressive since post-WWII; U.S. needs 3 million more homes, primarily affordable; plan includes $25,000 down payment assistance for first-time buyers; expands Low-Income Housing Tax Credit to increase affordable rentals; tax breaks for builders selling to first-time buyers; new tax credit for renovating unsellable homes; plan costs $125 billion, requiring funding through tax revenue or spending cuts; warns of long-term economic harm from worsening housing crisis; Donald Trump proposes easing regulations to lower housing costs; Republican platform blames high costs on illegal immigration and includes demand- and supply-side measures.
#KamalaHarris #HousingPlan #AffordableHousing #UsPolitics #2024Election #DonaldTrump #HousingCrisis #Economy #TaxPolicy #Construction
https://fortune.com/2024/08/24/kamala-harris-housing-plan-affordable-construction-postwar-supply-boom-donald-trump/
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