Despite persistent challenges that remain from the pandemic, the Biden administration is working to increase the supply of affordable housing and lower shelter prices across America. By investing in local communities and creating various programs that integrate different agencies, Pres. Biden's plan will promote the construction of new housing units at an affordable price. Tackling high housing prices is a large undertaking that will take time, but the Biden administration has put forth key policies that will fix the problem.
Joe Biden's misguided policies have caused America's housing crisis, and his initiatives will only exacerbate the problem. Sky-high inflation and interest rates have certainly contributed to high housing prices, and Biden's permissive immigration policies have been the final nail in the coffin. Until the immigration issue is comprehensively addressed, it will be increasingly challenging for younger Americans to achieve sustainable home ownership.