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October 11, 2024
HUD’s Housing Misfire: When Bureaucrats Know Better than Markets
Kamala Harris’s proposal for a $40 billion fund for local governments to explore “innovative” housing solutions will likely funnel money into projects burdened by self-defeating government-mandated affordability requirements, which HUD…
October 10, 2024
Harris’s Housing Plan and the Five C’s That Will Derail It
…LIHTC unit costs taxpayers an estimated $450,000, compared to $0 for a private development that it displaces, making it an expensive solution for affordable housing. Complexity: As Chris Edwards highlights,…
October 8, 2024
Harris Housing Subsidies: A Recipe for Repeating Past Mistakes
Presidential candidate Kamala Harris has proposed housing policies that recycle ineffective strategies long seen in federal housing programs. Her key proposals include subsidies for the construction of 3 million new…
September 25, 2024
The Costs of Inaction: Economic Risks from Housing Unaffordability
Chairman Whitehouse, Ranking Member Grassley, and committee members, thank you for the opportunity to testify on this most important topic. History offers a cautionary tale against inappropriate federal action in the…
September 23, 2024
The Kamala Harris Plan for More Housing Shortages
A signature feature of Kamala Harris’s housing plan is providing first-time home buyers with $25,000 in down-payment support, at a total cost of $100 billion over four years. Absent a severe…
September 11, 2024
As America’s housing crisis intensifies, the American Housing and Economic Mobility Act of 2024 has emerged as a high-profile yet expensive solution.
…fate. To continue reading this op-ed online on The Hill, click here. Tobias Peter and Edward Pinto are co-directors of the American Enterprise Institute’s Housing Center. The views expressed in this article are…
September 4, 2024
Kamala Harris’s Housing Plan Would Be Worse Than Doing Nothing
…cost and without unintended consequences. Edward Pinto is the senior fellow and codirector of the American Enterprise Institute Housing Center. Tobias Peter is the senior fellow and codirector of the…
May 6, 2024
Comments on the One Seattle Plan (Comp Plan)
Summary: 1) Seattle has been underbuilding for the last decade (and likely even longer) and it needs to build more housing than the targets set in the comp plan. 2)…
March 8, 2024
State of the Union – Biden’s Housing Proposals Would be Harmful, Not Helpful
President Biden in his State of the Union pitched a raft of proposals with the stated purpose of lowering costs for homebuyers and increasing the supply of rental units. As has been…
February 22, 2024
The Workforce/Middle-Income Housing Tax Credit
…Corinth and Edward J. Pinto and the Cato Institute’s Chris Edwards discussed the LIHTC’s limitations; it has historically created a small amount of costly, poorly targeted housing units. The system…