On the recordJuly 11, 2023
Buying a home is a critical part of the American dream. Because of higher prices and higher mortgage rates, this dream is out of reach for an increasing number of Americans.
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congress.govBuying a home is a critical part of the American dream. Because of higher prices and higher mortgage rates, this dream is out of reach for an increasing number of Americans.
Lummis highlights the challenges of home ownership due to rising costs.
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housing for workers, especially in resort communities, it is an extreme challenge.
this hearing has just been really enlightening, and I am really grateful to you for holding it.
So I think it is important that we talk about how we can get past this and find alternative housing financial products like land contracts and lease-to-own agreements that have fewer hurdles and that do not protect consumers adequately.