As a local Realtor, I’m always keeping an eye on what’s happening in the housing market. Recently, I’ve been reading about Vice President Kamala Harris’s campaign promise to build 3 million new housing units in her first four years if she’s elected president. According to San Diego Union-Tribune, this is a bold promise that some economists believe is unrealistic.
Many experts believe that the housing shortage is a local issue that requires local solutions, such as zoning reform and removing anti-development policies. They argue that federal funding and tax relief may help, but won’t solve the problem on their own.
Others argue that Harris’s plan, which includes incentives for builders and repurposing federal land for housing, could have a positive impact on the housing market. They believe that her plan could help align supply with demand and ease the shortage.
It’s clear that there are strong opinions on both sides of this issue. I believe that it’s important to look at the facts and consider all perspectives before forming an opinion.
If you’re interested in learning more about the housing market and its impact on San Diego, I encourage you to visit my website https://robertluiswallace.com/services/ I offer a range of services to help you buy, sell, or rent a home in San Diego.
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