Congress passed a bill aimed at reducing housing costs and increasing supply by streamlining construction regulations, including allowing modular homes to follow a single national code instead of thousands of local ones and restricting corporate investors from purchasing more than 350 homes. The measure addresses a housing crisis where middle-class families can afford less than a quarter of available homes, down from about half before the pandemic, due to rising construction costs and limited affordable inventory.
Topicle Beta
1 comment
Congress passed a bill aimed at reducing housing costs and increasing supply by streamlining construction regulations, including allowing modular homes to follow a single national code instead of thousands of local ones and restricting corporate investors from purchasing more than 350 homes. The measure addresses a housing crisis where middle-class families can afford less than a quarter of available homes, down from about half before the pandemic, due to rising construction costs and limited affordable inventory.