| Did you know that that average American household can’t afford to own a home today? The reason: our country is experiencing a massive housing shortage of nearly 6 million units. This gap also impacts rental markets across the country. We need Congress to address this problem now.
The Biden Administration has a plan to help build as many as 100,000 new homes over the next three years. This is a good start, but this effort alone simply doesn’t come close to addressing the need for more housing.
At the same time, the Administration is now supporting tax law changes before Congress that will limit private-sector investment in real estate construction – development projects that could help put a dent in our country’s housing shortage and even create good paying jobs for American families.
Take a minute now to learn more about the tax changes currently being considered by Congress – and how these changes will affect the housing market and our economy. |
