By Ariana Figueroa | AZ Mirror
WASHINGTON — As the cost and supply of housing remain top issues for voters, both presidential candidates have put forth plans to tackle the crisis, in hopes of courting voters ahead of the Nov. 5 election.
The coronavirus pandemic that began in 2020 exacerbated problems in the housing market, with supply chain disruptions, record-low interest rates and increased demand contributing to a rise in housing prices, according to a study by the Journal of Housing Economics.
While housing is typically handled on the local level, the housing supply is tight and rents continue to skyrocket, putting increased pressure on the federal government to help. Democratic presidential candidate Kamala Harris and Republican presidential candidate Donald Trump agree that it’s an issue that needs to be solved, but their solutions diverge.
The Harris and Trump campaigns did not respond to States Newsroom’s requests for details on the general housing proposals the nominees have discussed.
