Remarks by National Economic Council Deputy Director Daniel Hornung on Biden-Harris Efforts to Build and Preserve Housing to Lower Costs, and Opportunities Ahead ...Middle East

As Prepared for Delivery at the Novogradac Housing Finance Conference We are at a critically important moment for housing policy. Housing is less affordable for Americans now than at any point in recent memory. Approximately half of renters are cost-burdened and a quarter are severely cost-burdened, meaning they must devote over half of their income to rent. Renters report that homeownership – long seen as the main source of wealth building for the middle-class – feels unattainable. Much has been made of why various measures of economic sentiment remain at low or moderate levels in light of a macroeconomy that has performed so well – with robust growth, low unemployment, and an i

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Remarks by National Economic Council Deputy Director Daniel Hornung on Biden-Harris Efforts to Build and Preserve Housing to Lower Costs, and Opportunities Ahead ...Middle East

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