Housing Secretary Ben Carson said obsolete regulations are blocking many Americans from getting a home.
Affordable housing remains an issue, especially for young people, who generally used to get their first home by their late 20s. Now, the majority of first-time buyers wait into their 30s, according to the 2018 National Association of Realtors survey.
While innovations in housing should have allowed people to get a more affordable home, in many cases the innovations can’t be used because of red tape, Carson told Epoch Times senior editor Jan Jekielek in an interview on “American Thought Leaders.”
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