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HomeSubject AreaPolitical AdvocacyNAR Submits Letter to Listening to on the Sizzling Housing Market

NAR Submits Letter to Listening to on the Sizzling Housing Market


On June 29, 2022, NAR submitted a letter to the Home Monetary Providers Committee for its listening to entitled: “Increase and Bust Inequality Homeownership and the Lengthy-Time period Impacts of the Sizzling Housing Market.” The letter applauds the committee for exploring the present housing market and the issues which can be plaguing many debtors who’re making an attempt to acquire homeownership.

Homeownership has historically been the principle driver of family wealth in the US. Whereas this method has benefited an important quantity, it has additionally laid naked lots of the present inequalities that make it troublesome for tens of millions of potential debtors to enter the world of homeownership. Whereas there isn’t a one silver bullet for fixing the housing irregularities, revolutionary and strong concepts like these of the committee and the White Home will assist to ease lots of the burdens so many Individuals face when making an attempt to buy a house. NAR helps the work of the Committee as they discover options to extend protected and reasonably priced homeownership.

NAR’s Letter to the Home Monetary Providers Committee



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