Kamala Harris has a new advertising push to draw attention to her plan to build 3 million new homes over four years, a move designed to contain inflationary pressures that also draws a sharp contrast to Republican Donald Trump’s approach.

Harris, the Democratic nominee for president, highlights her plan in a new minute-long ad that uses her personal experience, growing up in rental housing while her mother had saved for a decade before she could buy a home. The ad targets voters in the swing states including Arizona and Nevada. Campaign surrogates are also holding 20 events this week focused on housing issues.

In addition to increasing home construction, Harris is proposing the government provide as much as $25,000 in assistance to first-time buyers. That message carries weight at this moment as housing costs have kept upward pressure on the consumer price index. Shelter costs are up 5.1% over the past 12 months, compared to overall inflation being 2.9%, according to the Bureau of Labor Statistics.

“Vice President Harris knows we need to do more to address our housing crisis, that’s why she has a plan to end the housing shortage” and will crack down on “corporate landlords and Wall Street banks hiking up rents and housing costs,” said Dan Kanninen, the campaign’s battleground states director.

  • Verdant Banana
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    3 months ago

    increasing stock does not mean prices will magically go down and cool the inflation

    living wages, pushing for fixed mortgage rates, pushing for nondiscriminatory banking policies nationwide, increasing the education budget are things that do that

    increasing the number of overpriced houses instead of fighting for the people to have living wages is not helping

    and all these homes would require the roads to be torn up and repiped

    where is that budget? is places like Flint going to finally get the nonlead pipes?

    logistics were not expanded on in the article

    what about the already over stressed water table here in the US?

    impact studies seem to be a thing of the past when it comes to new construction

    even the article linked in the article mentions nothing about anything that would actually go towards solving the issues at hand

    https://apnews.com/article/harris-economy-taxes-homes-food-prices-insurance-e1ad3f26f2ce8e6cb365a4ffe2ca3e6b

    and in this statement

    In her speech, Harris offered stark contrasts with Trump’s economic proposals, including his call for steep tariffs on foreign goods. She said that her opponent “wants to impose what is, in effect, a national sales tax on everyday products and basic necessities that we import from other countries.”

    Biden and Harris has been doing steep tariffs that amount to more the citizens have to pay for goods

    https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

    every election cycle makes it more obvious that neither party have our interests at heart

      • Verdant Banana
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        53 months ago

        Flint needed help a decade ago and still does

        https://www.britannica.com/event/Flint-water-crisis

        Flint water crisis, human-made public health crisis (April 2014–June 2016) involving the municipal water supply system of Flint, Michigan. Tens of thousands of Flint residents were exposed to dangerous levels of lead, and outbreaks of Legionnaire disease killed at least 12 people and sickened dozens more.

        https://truthout.org/articles/the-2024-presidential-election-may-slow-plans-to-replace-lead-pipes/

        The proposal from the Biden administration builds on different rules put out in the waning days of the Trump term that allowed up to 30 years for service line replacement, triggered only when lead levels test higher than 15 parts per billion. The new proposal, which would largely supplant the Trump rules, calls for stricter monitoring, enhanced public education, and the 10-year pipe replacement mandate regardless of lead levels.

        An October deadline looms for the new rules to be adopted; otherwise, enforcement of the less-stringent Trump administration rules will begin. And complicating matters more: November’s election results could shake up whose rules the nation must follow.

        While many cities and states have begun to replace their lead pipes, some utilities and officials say the 10-year time frame is unfeasible and too expensive. They say it would be difficult for water utilities to follow the rules while dealing with new EPA limits on five PFAS contaminants, known as “forever chemicals,” and failing pipes, among other issues.