Would Congress’ New Housing Bill Lower Home Prices?
Government
President Donald Trump’s decision to back out of signing a major housing bill provided a dramatic last-minute twist to lawmakers’ efforts to address Americans’ cost-of-living concerns. The 21st Century Road to Housing Act, which passed both chambers of Congress by a huge margin, is designed to spur housing construction and, in the long run, bring relief to consumers struggling with lofty prices and mortgage rates.
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