What Do the Midterm Results Mean for Housing?
According to NAHB, housing has always been a bipartisan issue. High home prices have pushed ownership out of reach for most Americans and sky-high rents are punishing renters. The housing affordability crisis in America has become a top-tier political issue. As the Federal Reserve continues to tighten monetary policy and the housing sector faces a recession, Congress and the administration must turn their focus to policy solutions that lower the cost of building and allow the nation’s home builders to expand housing production.
