Homeownership affordability reached its lowest since at least 2006 in October, reflecting the impact of higher interest rates and a severe housing supply shortage.
Democratic nominee Kamala Harris proposes tax credits for builders creating starter homes and $25,000 assistance for buyers, addressing the housing crisis with detailed plans.
San Diego Mayor Todd Gloria emphasized housing needs to be a national priority, stating local efforts require federal assistance and investment to be effective.
The urgency in addressing the housing crisis has escalated, seen in city leaders' calls for immediate action and federal involvement in development strategies.
#housing-affordability #political-response #homeownership-crisis #federal-policy #local-government-initiatives
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