HUD's new 'energy-saving' rule will increase home construction costs by up to $31,000 per home, potentially taking buyers 90 years to offset through energy savings.
The rule disproportionately affects young families buying starter homes with Federal Housing Agency mortgages, exacerbating their struggle amid inflation and upfront costs.
HUD's focus on environmentalism over affordability highlights its disconnect from the real needs of Americans, amid a 4-7 million unit housing shortage.
Democrats supported HUD's rule despite its negative impact on homebuyers, failing to address the critical issue of housing affordability and shortage.
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