Americans Across Party Lines Back Policies to Improve Housing Affordability: Redfin Survey
- Most Republicans and Democrats believe there should be federal policies to tackle the housing affordability crisis
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85% of Democrats say there should be first-time buyer tax breaks, and so do77% of Republicans - These survey results align with broad bipartisan support behind the federal ROAD to Housing Act recently passed by Congress
Three-quarters (
Support For Housing Policies Is Bipartisan
Democrats are generally more likely than Republicans to support programs that would make housing more affordable, but not by much. For instance,
These survey results align with the broad bipartisan support behind the federal ROAD to Housing Act that Congress signed on June 23 and is currently in political limbo as President Trump delays plans to sign it. The legislation is aimed at tackling the nationwide housing affordability crisis by increasing housing supply, streamlining building processes and expanding access to affordable homeownership opportunities.
“For over a decade, the prevailing view was that housing was a local issue best left to city councils and mayors—but housing affordability has become a national crisis,” said Daryl Fairweather, Redfin’s chief economist. “By passing this bill out of the Senate Banking Committee 24-0, Republicans and Democrats alike showed that affordability is a priority. The great accomplishment of the bill itself is that it uses solutions like zoning reform and streamlines building permitting to prove that government policies can make people better off without spending big.”
One example of a policy in the bill is an effort to expand access to manufactured housing—a lower-cost alternative to traditional homes—by streamlining federal regulations. Bipartisan backers argue that increasing the supply of lower-cost houses can improve affordability for both homebuyers and renters. That ties in with the survey results, which show that
To view the full report, including charts and a methodology, please visit: https://www.redfin.com/news/survey-americans-support-housing-policy
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Source: Redfin