Vice President Harris lofty ideas on housing
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Vice President Harris lofty ideas on housing
Vice President Kamala Harris pledged to build 3 million new homes and took aim at “corporate landlords” who use software to set rents.
Harris also promised to “cut red tape” at the local and state level, the stages at which housing production tends to get delayed by restrictive zoning and other regulations.
“In some places, it is too difficult to build, and it is driving prices up,” she said.
She did not go into detail about how she would influence local government decisions, though the Biden administration just announced a second round of funding for localities that are prioritizing pro-housing policies.
It is unclear if 3 million represents just federally-funded homes. Turning the tide on the housing shortage at the national level is no small task, and even if that volume of homes were built within the tight deadline of four years, some estimates peg the national housing shortfall to be somewhere between 4 and 7 million homes.
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