Trump and Biden are in Different Worlds on Housing

The president has emphasized protecting suburbs from low-income intrusion. The Democratic nominee wants to spend billions to ease the housing crunch.

homeownership

Adi Talwar

A home for sale on Sacket Avenue in the Morris Park neighborhood of the Bronx. The presidential candidates have vastly different views of what is needed to increase homeownership opportunities.

So far during debate season, the only sentence related to housing issues was uttered last Wednesday night during the vice presidential forum by Democratic vice president contender Senator Kamala Harris.

The 2020 presidential campaigns have largely focused on the crisis surrounding the novel Coronavirus pandemic and its staggering toll of over 210,000 American lives lost across the nation. But that health and jobs crisis could turn into a housing crisis soon. National housing advocacy groups forecast a major eviction and homelessness crisis ahead due to the unemployment rate and millions of dollars in unpaid rent debt. Harris hinted at that looming problem.

“I think about 20-year-olds—we have a 20-something-year-old—who are coming out of high school and college right now. And you’re wondering, ‘Is there going to be a job there for me?’ We’re looking at people who are trying to figure out how they’re going to pay rent by the end of the month. Almost half of American renters are worried about whether they’re going to be able to pay rent by the end of the month,” Harris said in her debate with Vice President Mike Pence. “This is where the economy is in America right now. And it is because of the catastrophe and the failure of leadership of this administration.”

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