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Biden unveils regulatory steps aimed at
housing shortfall

Original Article

Posted By: Ribicon, 5/16/2022 11:13:50 AM

President Biden announced a plan Monday to increase the supply of housing and combat soaring costs by preserving affordable units and using federal funding to reward states that use their zoning and land-use laws to provide more options. Mr. Biden wants to close the housing shortfall, estimated at 1.5 million homes nationwide, within five years. The administration said the crisis is years in the making but is hitting hard amid pandemic shocks and soaring inflation. “As President Biden said last week, tackling inflation is his top economic priority.(Snip)“This is the most comprehensive all-of-government effort to close the housing supply shortfall in history.”

Comments:

We wouldn't have a "housing shortfall" if the federal government would stop increasing the population by 30% every 10 years with nearly every bit of that coming from immigration from the Third World. Here, the Spite House aims to tackle inflation by spending more money, and making us more Green by paving the heartland and placing ever-increasing demands on every bit of infrastructure, from roads to utilities to schools and more. The GOP looks fondly on how much money their business associates will make from it all, so they have no objections.

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Reply 1 - Posted by: DVC 5/16/2022 11:15:23 AM (No. 1156877)
Without even looking I GUARANTEE that they will make it WORSE. Dems always make every problem that they attempt to "solve" worse. Everything that they "know" is totally wrong, they are Marxists, so all their "fixes" are totally backwards.
28 people like this.

Reply 2 - Posted by: Maggie2u 5/16/2022 11:18:54 AM (No. 1156879)
Poster #1, pretty much sums it up. Look for it to get 100% worse than it is now.
17 people like this.

Reply 3 - Posted by: Luke21 5/16/2022 11:24:35 AM (No. 1156882)
The Washington Times has really turned into dog manure. They publish Biden press releases almost verbatim.
8 people like this.

Reply 4 - Posted by: Rich323 5/16/2022 11:36:18 AM (No. 1156898)
Here in Niceville Florida they are building these very small 80ft long narrow brick covered trailer homes. I’m guessing Catholic Charities will be filling them with illegals soon. Our award winning high school known for outstanding graduates and college grads is two blocks away. I’m guessing in a couple years English will be a second language there. Hope I’m wrong.
17 people like this.

Reply 5 - Posted by: Jethro bo 5/16/2022 11:39:27 AM (No. 1156902)
Atta boy Diaper Joe! Nothing solves shortages and out of control prices like more regulations! This guy is beyond stupid. All he knows to do is to make things much, much worse.
20 people like this.

Reply 6 - Posted by: justavoter 5/16/2022 11:41:36 AM (No. 1156904)
How about letting only producers enter the country instead of government dependent sponges.
12 people like this.

Reply 7 - Posted by: mean Gene 5/16/2022 11:43:35 AM (No. 1156908)
But, Buttiget said the gov't can't fix shortages (when it comes to baby formula.) Which is it? Just let the big plant re-open and make the formula and the problem is solved. But NO! The gov't stretched out the closing for three extra months......so far.
9 people like this.

Reply 8 - Posted by: Quigley 5/16/2022 11:51:26 AM (No. 1156923)
“Unveils”? Isn’t that a sexist patriarchal term? Don’t worry dim states, you’re already doing the right thing so you will be rewarded. But we have to pretend there’s an objective standard. All hail the great maga king. And to hell the grating diaper king!
4 people like this.

Reply 9 - Posted by: Californian 5/16/2022 11:52:27 AM (No. 1156924)
Because a centrally managed top down economy has worked out so well for USSR, CCP, NK, and numerous African and central/South American countries.
8 people like this.

Reply 10 - Posted by: MickTurn 5/16/2022 11:52:52 AM (No. 1156925)
Joey, you can pull a string to cause an action but you can't PUSH on the string to reverse your stupidity.
7 people like this.

Reply 11 - Posted by: TLCary 5/16/2022 11:55:06 AM (No. 1156930)
Deregulation has worked every time, it's a somewhat effective measure for correcting problems created by regulations. Adding more regulations might help, like printing more money might be the right solution for inflation... I'm not sure we can survive two and a half more years of this.
7 people like this.

Reply 12 - Posted by: SkeezerMcGee 5/16/2022 11:58:16 AM (No. 1156935)
We need accurate studies. I expect the primary problem is costs, not the number of new units. For example, in Florida, new units are being constructed like mad, but the soaring costs are almost beyond belief. Rental unit landlords are charging non-refundable application fees ($300 and up). They are concurrently receiving MANY applications. Who knows if some don't have units available for rent? Some say they are catching up for rents they lost because of COVID.
3 people like this.

Reply 13 - Posted by: Ribicon 5/16/2022 12:03:22 PM (No. 1156947)
How is this legal, and where are the Republicans, apart from counting their "campaign contributions" from the construction industry? Having the feds underwrite risky loans helped crash the economy under Compassionate George, resulting in bailouts for everyone who profited, yet here we go again. FTA: "The plan would increase federal subsidies for factory-built manufactured homes, and the government-controlled mortgage company, Freddie Mac, may purchase so-called chattel loans that owners of these homes use. Among other steps, federal agencies will also launch a pilot program to assist the construction and renovation of small accessory dwelling units (ADUs), such as garage apartments or other standalone buildings on the same lot as a larger structure."
3 people like this.

Reply 14 - Posted by: 68BattleofBealeVet 5/16/2022 12:06:46 PM (No. 1156957)
What could go wrong?
4 people like this.

Reply 15 - Posted by: earlybird 5/16/2022 12:07:47 PM (No. 1156960)
For Zhou it has always been about more regulations and throwing more of our money at it. He is clueless.
5 people like this.

Reply 16 - Posted by: bad-hair 5/16/2022 12:14:56 PM (No. 1156974)
And when the 18% mortgages kick in (September) then what ?
2 people like this.

Reply 17 - Posted by: TruthFetish 5/16/2022 12:19:27 PM (No. 1156986)
Typical Soviet-style 5-year plan. With the expected result
5 people like this.

Reply 18 - Posted by: billsv 5/16/2022 12:22:58 PM (No. 1156990)
Cut regulations, federal, state, county and city. A home builder friend of mine once told me me he made the most money on the land value appreciation waiting to get approvals on building homes. Make it easier to build multi family, condos and apartments.
3 people like this.

Reply 19 - Posted by: volksford 5/16/2022 12:23:40 PM (No. 1156993)
The man who could screw up a ball bearing will now 'solve" another crisis
3 people like this.

Reply 20 - Posted by: Hermit_Crab 5/16/2022 12:24:29 PM (No. 1156996)
Not just a money redistribution plan for their cronies and their own pockets, this is also an attack on property rights. They are trying to force communities into zoning against single family dwellings , in favor of multi family tenements.
6 people like this.

Reply 21 - Posted by: Daisymay 5/16/2022 12:46:27 PM (No. 1157040)
Yikes #4, I live in Niceville, FL and I have not heard of that kind of housing. Seems to me Someone took a Bribe under the Table to allow that kind of Housing! Be interesting to hear who exactly thought that was a good idea.
2 people like this.

Reply 22 - Posted by: jasmine 5/16/2022 1:42:07 PM (No. 1157093)
The largest investment most Americans make is in their homes. Achieving the ability to buy a home in a safe and quiet neighborhood is the American Dream. Multi-family and manufactured housing bring in masses of people, along with cars, air pollution, noise, and ugly parking lots. That is what this administration has planned for the American middle class. Biden's wealth redistribution scheme seeks to enrich people who need subsidies, while devaluing what the American middle class has worked for and earned. Nobody who pays their own way wants to see subsidized high rises going up in their leafy neighborhoods. They've earned the right to live there. Who would want to inflict financial and life style harm on a law abiding American middle class? The same "president" who invited illegal aliens to come to the US, and who has prioritized redistribution of baby formula to non-citizens at the border and no right to be on American soil. American parents are on their own trying to find formula to buy, while Biden's illegal aliens don't even have to pay for the baby formula they're getting for free.
2 people like this.

Reply 23 - Posted by: smokincol 5/16/2022 2:24:59 PM (No. 1157155)
there goes the housing market, down the drain, because once the government gets involved in anything, disaster if right around the corner, thanks, diapers, you incompetent clown!!
1 person likes this.

Reply 24 - Posted by: Ribicon 5/16/2022 3:50:44 PM (No. 1157239)
Quite so, #22. Bathhouse Barry promised to use census data in a targeted way to destroy specific neighborhoods by targeted relocation of Section 8 housing, provided they were conservative areas with too many of the despised peaceful white people living in them. Liberal enclaves of the sort where he and his cronies reside would remain off limits to such enhancement, of course, because the price and tax barriers make it "unaffordable."
0 people like this.

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