BiggerPockets | Can Harris or Trump Solve Our Housing Affordability Crisis? @biggerpockets | Uploaded August 2024 | Updated October 2024, 19 hours ago.
Episode #1,011
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Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments are through the roof. This can’t last forever, and some new government policies are trying to ensure it doesn’t. In this week’s BiggerNews, we’re talking to Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, about what policies could benefit the country and whether or not they’ll actually pass.
We’re also getting into Vice President Harris’ housing plan and former President Trump’s housing plan to see what each candidate believes could bring more affordable housing to the market. With President Biden’s recent rent control proposal, many real estate investors are worried their rents could be capped. But will this nationwide rent control proposal go through?
Plus, what effect does affordability have on current homeowners and investors? Low supply means more demand and higher home prices, but could it come at the cost of your local economy, as renters and would-be homebuyers struggle to afford a home? We’re answering it all in this episode of BiggerNews!
00:00 Intro
02:14 Promoting Affordable Housing
03:04 Our Massive Affordability Problem
05:49 What Needs to Change
10:00 Harris' Housing Plan
14:01 Nationwide Rent Control?
18:33 Trump's Housing Plan
22:08 How Affordability Impacts Investors
Episode #1,011
Invest in Turnkey Properties with REI Nation: info.reination.com/qr?utm_campaign=Bigger%20Pockets%20-%20YouTube%20QR%20Overlay%20Ad&utm_source=youtube&utm_medium=paidsocial
Episode Show Notes: link.chtbl.com/BPRE
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
Let Us Know What You Thought of the Show!
BiggerPockets.com/Podcastfeedback
Grab Dave’s Newest Book “Start with Strategy”:
store.biggerpockets.com/products/start-with-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none?
Find Investor-Friendly Lenders:
biggerpockets.com/findlenders
See Dave at BPCON2024 in Cancun!
biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none?utm_source=youtube&utm_medium=description&utm_campaign=none
How the Financial Policies of Trump and Harris Could Impact Real Estate Investors:
biggerpockets.com/blog/how-the-financial-policies-of-trump-and-harris-could-impact-real-estate-investors?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Dave:
biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments are through the roof. This can’t last forever, and some new government policies are trying to ensure it doesn’t. In this week’s BiggerNews, we’re talking to Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, about what policies could benefit the country and whether or not they’ll actually pass.
We’re also getting into Vice President Harris’ housing plan and former President Trump’s housing plan to see what each candidate believes could bring more affordable housing to the market. With President Biden’s recent rent control proposal, many real estate investors are worried their rents could be capped. But will this nationwide rent control proposal go through?
Plus, what effect does affordability have on current homeowners and investors? Low supply means more demand and higher home prices, but could it come at the cost of your local economy, as renters and would-be homebuyers struggle to afford a home? We’re answering it all in this episode of BiggerNews!
00:00 Intro
02:14 Promoting Affordable Housing
03:04 Our Massive Affordability Problem
05:49 What Needs to Change
10:00 Harris' Housing Plan
14:01 Nationwide Rent Control?
18:33 Trump's Housing Plan
22:08 How Affordability Impacts Investors
