One of the most common things that I hear from concerned constituents—and as early as just this past Monday I had four constituents in my office talking about this specifically: Their children won’t be able to afford a home of their own.
We know that we’re adding more supply, which is the key to bringing down costs. This will help first-time buyers as well as seniors looking to downsize. My question is, besides working to build more homes, what else does this plan do for the first-time homebuyer?