Saturday, July 13, 2019

Ben Carson: Outdated Regulations Block Innovation in Affordable Housing

Via Billy

 Secretary of Housing and Urban Development Ben Carson answers questions from the press after delivering remarks at the Innovative Housing Showcase on the National Mall in Washington on June 1, 2019. (Samira Bouaou/The Epoch Times)

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.”

Posted by at

1 comment:

Subscribe to: Post Comments (Atom)