A Plan to Fix the Housing Crisis

The Housing Scene by Lew Sichelman, December 6th, 2024
When lawmakers come back to Washington early next year to tackle the country’s housing crisis, they will argue over various proposals to fix affordability, high mortgage rates and the lack of inventory. They will debate ideas such as gifting $25,000 to first-time homebuyers, cutting regulation costs and releasing millions of acres of federal land.

But Mark Milam, a mortgage banker and loan originator in Atlanta, says those proposals are like “swallowing an aspirin next year for a headache you have now.”

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