The Biden Administration is taking significant steps to address the housing affordability crisis in the United States. Treasury Secretary Janet Yellen is set to announce new housing efforts as part of a broader push to lower housing costs. This initiative comes amid widespread recognition that a housing supply shortfall has been building for a long time, leading to an affordability crunch. In remarks prepared for delivery Monday afternoon, Yellen says, “We face a very significant housing supply shortfall that has been building for a long time.” Various opinions suggest that increasing housing supply is essential to contain housing costs and address broader economic and social issues.
“We face a very significant housing supply shortfall that has been building for a long time,” Yellen says in remarks prepared for delivery Monday afternoon. “This supply crunch has led to an affordability crunch.” https://t.co/WWc6SsfbCL
YELLEN TO ANNOUNCE NEW HOUSING EFFORTS AS PART OF BIDEN ADMINISTRATION PUSH TO LOWER HOUSING COSTS - STATEMENT
It's not just Farage making political hay out of housing shortages >> The only way to contain housing costs, and perhaps the far right, is with more supply, writes @mbrookerhk https://t.co/1AWex5jUec via @opinion
The only way to contain housing costs, and perhaps the far right, is with more supply, writes @mbrookerhk https://t.co/sxSJ853suE via @opinion
The only way to contain housing costs, and perhaps the far right, is with more supply, writes @mbrookerhk https://t.co/I93igKn8nh
Housing costs are too high in many communities across the country. President Biden and House Democrats are committed to solving that problem. Just like we did by capping the price of Insulin at $35 per month for millions of Americans.
Housing shortage is root cause of affordability crisis, and it's deepening. https://t.co/pcoC06Ek4y
"California's housing crisis can't be fixed by just building more housing" (@TheHillOpinion) https://t.co/3k0xvBo4Hx
Thanks to @POTUS Biden's Inflation Reduction Act: - Medicare, for the first time, can negotiate lower drug prices - No senior will pay more than $2,000 out-of-pocket for prescription drugs or more than $35 per month for insulin. It's a big deal! https://t.co/mSnM1ZJjwi