Biden unveils regulatory steps aimed at
housing shortfall
Posted By: Ribicon, 5/16/2022 11:13:50 AM
President Biden announced a plan Monday to increase the supply of housing and combat soaring costs by preserving affordable units and using federal funding to reward states that use their zoning and land-use laws to provide more options. Mr. Biden wants to close the housing shortfall, estimated at 1.5 million homes nationwide, within five years. The administration said the crisis is years in the making but is hitting hard amid pandemic shocks and soaring inflation. “As President Biden said last week, tackling inflation is his top economic priority.(Snip)“This is the most comprehensive all-of-government effort to close the housing supply shortfall in history.”
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Comments:
We wouldn't have a "housing shortfall" if the federal government would stop increasing the population by 30% every 10 years with nearly every bit of that coming from immigration from the Third World. Here, the Spite House aims to tackle inflation by spending more money, and making us more Green by paving the heartland and placing ever-increasing demands on every bit of infrastructure, from roads to utilities to schools and more. The GOP looks fondly on how much money their business associates will make from it all, so they have no objections.