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President Blocks Housing Bill | Real Estate News

President Blocks Housing Bill | Real Estate News

Published 1 month ago
Description

The president’s dramatic refusal to sign the landmark 21st Century Road to Housing Act—despite its overwhelming bipartisan support—is sparking political firestorms ahead of midterms. By letting the bill become law automatically, he’s staging a protest over his stalled SAVE America Act, which demands voter ID. Critics, including top Democrats, are seizing the moment to highlight his apparent indifference to housing affordability. The bill, which aims to boost supply, speed up environmental reviews, fund property upgrades, and curb corporate home buying, passed with near-unanimous votes in both chambers. His earlier dismissal of it as “of minor importance” now looks like a political misstep.

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