Kamala’s Prescription for a Housing Shortage and State Dependence Will Likely Make Matters Worse
Public housing, Screenshot from video courtesy of Fox 28
Kamala has promised to make rents and homeownership more affordable, but her multi-step plan will likely lead to a housing shortage, higher prices, and excessive government control over businesses. At the same time, it risks increasing people’s dependence on government assistance. By interfering with market dynamics and imposing restrictions, the plan could backfire, reducing private investment and worsening the very problems it aims to solve.
Kamala Harris’ multi-step housing plan aims to build 3 million affordable rental units and homes, penalize companies that hoard available units to drive up prices, and provide up to $25,000 in aid for first-time homebuyers.
