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US Housing Crisis Worsened by 'Buy America' Law
Apnews·T1·
A 'Build America, Buy America' law, mandating the use of domestic materials in federally funded affordable housing projects, is now fully implemented. This legislation, intended to bolster American manufacturing, is inadvertently causing significant delays and disruptions in the construction of much-needed affordable housing developments. The law's stringent requirements are creating supply chain challenges and increasing costs, exacerbating the existing US housing crisis rather than alleviating it.
Tags
regulation
macro
Original Source
Apnews — apnews.com