Biden administration economists are pushing for federal pressure to ease zoning restrictions at the local level, an attempt to address the terrible housing affordability conditions afflicting the nation.
This week, top Biden administration economists released their annual Economic Report of the President. The 487-page document attempts to illustrate the current state of the economy and what might be done to improve various aspects of it.
The report, rolled out with relatively little fanfare, devotes more than two dozen pages to increasing the supply of housing, something that has gained more attention as sky-high mortgage rates and rising home costs price out an increasing number of families.
The report includes several recommendations that are already part of President Joe Biden’s housing agenda, but perhaps most notably, proposes that the federal government become more aggressive in intervening in local affairs to
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