Can Biden’s New Housing Plan Work? Here Is The Truth…

Kevin Grolig
Kevin Grolig
Published on April 5, 2024

In the recent State of the Union, President Biden unveiled five new housing proposals, poised to be the largest federal housing intervention in over 50 years, potentially costing taxpayers billions. It’s uncertain whether these plans will materialize, but if they do, will they deliver on their promises to lower homebuyers’ costs and increase the supply of rental units? I’m Kevin Grolig, and I’ll be diving deep into the history and effectiveness of similar interventions. Join me as we explore whether these ambitious plans can truly make housing more affordable or if they are set to falter under their lofty aspirations.

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Bidens Fact Sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/07/fact-sheet-president-biden-announces-plan-to-lower-housing-costs-for-working-families/#:~:text=During%20his%20State%20of%20the,million%20homes%3B%20and%20lower%20rental

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