Biden Administration Targets Housing Supply Shortage with Affordable Housing Plan

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Biden Administration Targets Housing Supply Shortage with Affordable Housing Plan
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The Biden administration aims to dent the housing shortage of millions of U.S. homes with new regulatory moves

With the average 30-year mortgage rate rising to 5%, homeownership may now be out of reach for millions more Americans. WSJ’s Dion Rabouin explains the impact for potential buyers, sellers and the housing market.

Illustration: Adele Morgan
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