Vice President Kamala Harris emphasized the need to tackle America's housing supply crisis, stating, 'There's a serious housing shortage... It's driving prices up.' Her plan to build 3 million new homes aims to alleviate these pressures and collaborate with both industry and local governments to overcome construction barriers.
Jung Hyun Choi from the Urban Institute pointed out that the lack of housing supply directly contributes to current housing market issues, stating, 'The lack of supply is the root cause of the current problem... Harris' proposal to build more homes is really the key solution.'
Harris's plan aligns with the YIMBY movement, indicating a shift towards high-density, affordable housing solutions at local levels. It emphasizes breaking down construction barriers, proposing that a collaborative approach with private sectors and government can effectively increase supply.
The housing proposal's success hinges on detailed strategies to address systemic barriers. Experts expressed interest in the specifics of Harris's plan but stress the urgent need for actionable steps to achieve the goal of 3 million new homes.
[
Collection
]
[
|
...
]