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- Kamala Harris's proposal focuses on significantly increasing housing supply and providing financial support for first-time homebuyers amid rising costs.
- Donald Trump's housing strategy controversially links immigration reform to alleviating housing pressure, despite widespread economic critique of this approach.
Deep dives
The Housing Cost Crisis
Housing costs in the United States have dramatically increased over the past few years, with home prices rising by approximately 50% since 2019, amplified by a housing shortage. The pandemic triggered a shift in housing demand, leading many people to seek larger living spaces away from urban areas, which in turn heightened competition for limited housing stock. As a result, both potential buyers and renters are feeling the pressure of skyrocketing prices, prompting discussions among political candidates about how to address these challenges. The rising cost of housing has emerged as a significant concern for middle-class voters, influencing the economic narratives of current political campaigns.
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Listen to the best highlights from the podcasts you love and dive into the full episode