When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.
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So, we're saying, if we can give developers and builders incentives to cut down on the regulatory barriers that are faced in this country, then we might be able to address the needs of affordable housing.
What most Americans don't realize is a lot of the challenges we're struggling with today are the result of conscious housing policies.
There are tremendous barriers to building housing. If we could break them down, the need for rent controls would go away.
What we see out there is an affordable housing crisis, particularly in the rental market in cities big and small, and we don't have the resources necessary to fill that gap.
If we allow more development, it will bring housing affordability.
People have to take responsibility for themselves. We need to get the housing industry going again. We don't need government intervening in every step.
So much value has been lost in the housing market that people are now buying. If there's any activity in the housing market, it's because values have plummeted to such depths that the 47% can now afford to live in a government-purchased house, or something like that.
If the economy grows, housing gets better, quicker.
And so the danger for the housing industry is if we see interest rates rise.
We believe that housing is a power platform to spark great opportunities in people's lives and help them achieve the American dream.
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