The nonprofit political advocacy group founded by former Vice President Mike Pence is warning congressional lawmakers that President Biden's plans for the federal government to intervene in the housing market will only escalate the problem to a scale not seen since the Great Recession.
noted that the affordable housing crisis in the U.S. is a supply-side issue due to the shortage of homes in the U.S., and argues Biden's approach would only feed demand, making the problem worse.
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