The U.S. is short 10 million houses. A new White House report lays out a blueprint to fix that
Summary
A White House report states that there is a shortage of 10 million houses in the U.S. The report suggests that reducing regulations might help build more homes and improve the economy.Key Facts
- The U.S. has a shortage of 10 million houses.
- White House economists released the report, which is part of the Economic Report of the President.
- The report recommends cutting regulations to help increase the construction of homes.
- More housing could stabilize prices and increase home ownership.
- The report also addresses economic growth and political risks for President Donald Trump.
- President Trump's approval has declined due to issues like tariffs, the Iran war, and inflation promises.
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