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Inside the Senate debate on housing affordability

Summary by Semafor
The ScoopStaff memos circulated internally ahead of the Senate Banking Committee’s first hearing on housing today, seen by Semafor, provide a useful roadmap as lawmakers try to build bipartisan momentum for legislative fixes to sinking affordability. Republicans’ memo focuses on rolling back regulations instead of spending more; Democrats’ memo highlights factors like interest rates, private equity, wage growth, and utility costs. The documents …

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Semafor broke the news in New York, United States on Wednesday, March 12, 2025.
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