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Harris and Vance Target Corporate Investors in Housing Crisis Debate

Published on October 18, 2024

Politico writes that Vice President Kamala Harris and Senator JD Vance (R-OH) are citing corporate investors responsible for the U.S. housing affordability crisis. In response, Harris has proposed limiting tax deductions for those owning 50 or more homes. However, economists caution that such measures could worsen the housing shortage by deterring investment and tempering new housing supply.

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