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Housing Affordability Discussion
00:03:58
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| Welcome back to Washington Journal. | |
| Joining us to talk about housing affordability is Dennis Shea. | |
| He is Executive Vice President at the Housing Policy Center. | |
| Sorry, Executive Vice President at the Bipartisan Policy Center and chair of the Housing Policy Center. | |
| There's a lot there. | |
| There's a lot there. | |
| It's a lot. | |
| Welcome. | |
| I agree. | |
| Welcome. | |
| Just remind us about your organization. | |
| Sure. | |
| BPC was founded nearly 20 years ago by four former Senate Majority Leaders, including my former boss, Bob Dole. | |
| And it's designed to be a place where people from across the political spectrum can come together in good faith and try to figure out areas where we can advance the country. | |
| So we have programs not just on housing, but on economics and fiscal policy, on health, on energy, on human capital, and on governance. | |
| So it's a great organization. | |
| I encourage everybody to check out our website at bipartisanpolicy.org. | |
| It's a place where people find you can get the data-driven analysis, fairly written material, and good background material. | |
| And we take positions too. | |
| Well, let's talk about a poll. | |
| This is a New York Times Sienna poll from last month about housing costs. | |
| And 54% of those polled said that housing costs were unaffordable. | |
| Why is that and why has housing costs increased? | |
| Well, I think the short answer is that we just have not built enough housing to meet demand. | |
| So the supply-demand imbalance has led to soaring housing costs. | |
| I work, I lead the Tawilliger Center at BPC. | |
| It's named after Ron Tawilliger, a former multifamily developer who's now one of the leading housing philanthropists in the United States. | |
| And he used to call the housing affordability challenges that we face here in the U.S. the silent crisis. | |
| But it's certainly not silent anymore as this polling information. | |
| We're going to leave this now and take you to the U.S. House as members are gabbling in for legislative business today. | |
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| Recorded votes or the yays and nays are ordered or votes objected to under clause 6, Rule 20. | |
| The House will resume proceedings on the postponed questions at a later time. | |
| For what purpose does the gentlewoman from Oklahoma seek recognition? | |