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Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation (apnews.com)

submitted 3 months ago by Theprogressivist@lemmy.world to c/politics@lemmy.world

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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.

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[-] distantsounds@lemmy.world 45 points 3 months ago

It will not fix anything. There are plenty of homes already. Corporate greed is the cause of the housing crisis. There needs to be legislation that makes it unprofitable to own and hold unused properties

[-] KRAW@linux.community 25 points 3 months ago

There are plenty of homes already.

Plenty of homes where? In my city, which is a major job center, there are hardly any houses for sale. It doesn't really matter if there are plenty of houses 1+ hours away from my job.

[-] distantsounds@lemmy.world 11 points 3 months ago* (last edited 3 months ago)

How many of the 3 million houses will be built in your area and what impact do you think they will have?

The problems that are causing the crisis are corporate greed and Airbnb-esque rentals.

Are you looking to fight the symptoms or the cause?

Edit: I live in a major city and there is plenty of housing, just not affordable

[-] KRAW@linux.community 6 points 3 months ago

I'd be curious to get some good numbers on this. From a cursory search I got the impression that a very small proportion of homes are AirBnB rentals, but I'm definitely open to looking at conflicting data. Corporate ownership of homes is definitely a problem, and I certainly hope that part of this plan is to prevent these homes from being sold to investors rather than residents. No one is saying we can't build more homes and address the underlying cause of the shortage at the same time. I know that 3 million homes is not a lot relative to the country's population. However I am not ready to write them off as useless, since strategically placing these homes in the right areas may still have a significant impact.___

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this post was submitted on 27 Aug 2024

433 points (96.8% liked)

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