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housing affordability crisisWashington Examiner
•78% Informative
Vice President Kamala Harris unveiled her economic and affordability plan last week .
The plan would push for the construction of 3 million new housing units and a tax incentive for builders who construct homes for first -time buyers.
Housing is becoming a key problem for the middle class, especially in smaller cities and suburbs.
A large component of the housing shortage comes from the inability to build housing on federal or public land due to environmental concerns and pushback from groups like the Sierra Club .
To put her plan into action, Harris would likely need bipartisan support from Congress .
Other roadblocks to Harris ’s plan include the difficulty in getting construction loans from community banks and a shortage of skilled labor.
Trump has said he would lower housing costs by encouraging construction of housing on the “periphery of cities and suburban areas” where land is cheapest.
The 2024 Republican Party platform says Republicans will reduce mortgage rates by “slashing Inflation, open limited portions of Federal Lands to allow for new home construction, promote homeownership through Tax Incentives.
VR Score
79
Informative language
75
Neutral language
60
Article tone
informal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
10
Affiliate links
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