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.
Harris and Vance Target Corporate Investors in Housing Crisis Debate
Published on October 18, 2024
Recent News
CFPB Issues Residential PACE Transactions Rule
December 20, 2024
BNPL Sector Sees Record High Issuance in 2024
December 20, 2024
Fed Lowers Interest Rates by a Quarter Percentage Point
December 20, 2024
Structured Finance Transactions Rise Across the Board
December 18, 2024
Inflation Expectations Rise and Personal Financial Situations Improve
December 18, 2024