Biden announced two additional efforts aimed at reining in high housing costs on Tuesday.
President Joe Biden revealed a series of proposals aimed at lowering housing costs on Tuesday as inflation and elevated home prices are shaping up to be decisive issues for voters this year.
“While the prior administration gave special tax breaks to corporate landlords, I’m working to lower housing costs for families,” Biden said in a statement. “Republicans in Congress should join Democrats to pass my plan to lower housing costs for Americans who need relief now.” According to recent polling, the issue is of high importance to voters, with 36% of Americans citing economic issues as the most important problems facing the country today, according to a June Gallup poll. Fourteen percent specifically said the high cost of living was the biggest problem in the US.
Similarly, the GOP’s policy platform for 2024 also calls for “the opening of limited portions of federal lands to allow for new home construction.”
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