White House Seeks Deregulation on Homebuilding to Address Housing Shortage

The U.S. faces a shortage of about 10 million homes, according to a new report from the White House Council of Economic Advisors. Largely responsible for the shortfall is the slower pace of homebuilding since the 2008 global financial crisis, a slowdown the report blamed on local regulations. The report argues that “increasingly pervasive California-style ...

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