Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 04/20/2026 8:00:36 AM PDT by millenial4freedom
WASHINGTON, D.C. — White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic growth.
Trump has signaled that taming high housing costs is a top priority for his administration.
The housing chapter of the annual economic report, obtained by The Associated Press before its release, lays out a blueprint for how more home construction would help the middle class and the overall economy, setting up an argument that Trump could make to voters.
Put together by staff at the White House Council of Economic Advisers, it finds there would be 10 million more houses in the country if “homebuilding and the growth of the single-family housing stock had continued at their historical pace instead of falling dramatically” after the 2008 global financial crisis. That crisis was caused largely by a wave of defaults in the housing market, where prices had been fueled by problematic lending practices.
The analysis notes that home prices have risen 82% since 2000, while incomes are up just 12% — a mismatch that had been masked for a period by historically low mortgage rates. But when rates jumped with inflation in the aftermath of the pandemic, monthly mortgage costs also rose for buyers, and affording a home became a top concern for voters under 40.
The report says that various regulations on home construction add more than $100,000 in costs to building. That cost includes changing the building codes over the past decade, compliance costs and zoning approval fees, among other expenses.
By the report’s estimates, a reduction in those regulatory costs could help spur construction of as many as 13.2 million homes.
(Excerpt) Read more at nsjonline.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Deport, deport deport.
Section 8 Housing, also known as the Housing Choice Voucher Program, assists low-income families in affording safe and decent housing by providing rental assistance.
The Section 8 Housing Choice Voucher Program is a federal program administered by the Department of Housing and Urban Development (HUD) that helps low-income families, seniors, and individuals with disabilities afford housing in the private market. Participants can choose any eligible housing unit, including single-family homes, townhouses, and apartments, with rent partially covered by a subsidy paid directly to the landlord.
Eligibility Requirements
To qualify for Section 8 housing, applicants must meet certain criteria, including:
Income Limits: Your annual income must not exceed the limits established by HUD for your area.
Family Composition: You must qualify as an individual or family as defined by the local Public Housing Agency (PHA).
Background Check: All adult members of the household must pass a criminal background check.
Citizenship Status: At least one household member must meet HUD requirements on citizenship or immigration status.
“”” White House economists estimate the United States has a shortage of 10 million houses,”””
Just because Trump likes to build buildings, does not mean the WH economists have come up with this garbage proposal.
We, along with Trump, know full well that deportation of 30 million illegal invaders would fix any housing shortage immediately.
10 million home shortage,,,,,,
20 million illegal aliens,,,,,
hmmmmmmmmm………sounds like a really easy fix!
A lot of us live in old houses that government regulations and requirements, and buyer demands, would make much more expensive to build today.
I would jump at the chance to buy a newly built version of the 1969 VW Bug, and it would be cheap, it would also be cheap to exactly rebuild my tiny old concrete block house if it were allowed.
“The nine most terrifying words in the English language are ‘I’m from the government and I’m here to help.’” ~ Ronald Reagan
If we are short 10 million houses, then where are those 5 million people living? Is that our homeless population?
What about the overall housing unit stock including apartments?
What was the impact of deporting illegals?
If things are so bad, then why do I see MASSIVE housing construction all over Northern California and North Idaho? There is housing construction going on all over the place in the two states we frequent. Huge multi-use, multi-story condo projects in California and huge traditional housing developments in Idaho.
I do see one interesting contrast. When I drive into Washington State around the Spokane area, you see hardly any construction. What a contrast to Idaho.
Deport 10 million illegal aliens ...
You know exactly what the housing market is like around here?
The story I got from the planning board attorney was that banks were starting to get very restrictive about financing condominium projects, but they had no hesitation about lending money to construct apartment buildings.
THOUSANDS of apartments are being built in my town. THOUSANDS. It is disgusting and ridiculous. These apts are $1500 and up- more than our mortgage.
I agree to kick out all of the illegals to open up housing to AMERICANS.
... and free up supply.
We have a dilemma.
If we deport 10 million illegals, there will be more supply.
But if we deport 10 million illegals, there will be less cheap workers, and thus, there will be less supply.
There is only one answer: Have A.I. become superintelligent and KILL ALL HUMANS.
How much they cost, $700k to $1 mill for 15-1800 sq. ft.?
How about deporting 10 million illegal families?
What builder in their right mind would spend private capital to build rental housing in regulation happy, high tax, hostile Democrat controlled states? Should note there are construction booms in most of Texas, Oklahoma, Florida, South Carolina and Tennessee. NYC,LA and Chicago are rotting.
Well, I suppose that’s one approach but it is a bit extreme.
Go big or go home.-
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.