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The ROAD To Housing Bill Won't Change Anything
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Congress just passed the 21st Century ROAD to Housing Act with overwhelming bipartisan support — 396 to 13 in the House. Roger Blankenship says it won't move the needle on housing affordability. Not even close.
In this episode, Roger breaks down what the bill actually does, why the diagnosis is wrong, and why the one thing it will accomplish will be to establish the precedent that the government may cap private ownership of a legal asset class. This is the part we should be most concerned about.
The real constraints on housing supply aren't institutional investors. They're regulatory costs, permitting delays, impact fees, tariff-inflated material costs, labor shortages, and a system that makes building expensive before a single nail is driven. Roger lays out a full list of solutions that would actually help — including a few nobody in Washington is talking about.