Will The New Housing Bill Lower Housing Costs?
The largest housing bill in decades has just become law after weeks of tense political standoff between President Trump and Congress. The 21st Century ROAD
The largest housing bill in decades has just become law after weeks of tense political standoff between President Trump and Congress. The 21st Century ROAD to Housing Act focuses on three major reforms. It aims to increase the supply of housing by combining federal incentives for new homes with reforms designed to speed up home construction. The law also seeks to expand access to housing finance while limiting large institutional investors from buying single-family homes.
Now comes the real test: can this ambitious legislation actually make housing affordable again? Credits Reporter: Sarah Agostino, Mike Winters Producer: Juhohn Lee Editor: Meline Rosales Animation: Jason Reginato, Emily Park Senior Director of Video: Jessica Leibowitz Additional Footage: Getty Images » Subscribe to CNBC » Subscribe to CNBC TV About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered.
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