Until recently, we didn’t know much about Kamala Harris’s housing policy. We knew she went toe-to-toe with Jamie Dimon over a settlement for homeowners post–Great Financial Crisis and won, during her time as California’s attorney general; and we knew she proposed the Rent Relief Act during her time as senator, which was very Californian of her. Then there’s Donald Trump, a real-estate scion who, you may assume, was all for deregulation, only it’s not totally clear where he stands on housing, either.
The economy matters in an election year. But the economy is fine on paper, and yet people still feel as if it isn’t. Housing could be why: People can’t afford to buy homes. It’s high home prices, high mortgage rates, and everything in between. So even if policy matters cascade down from governors to mayors to wealthy neighborhoods, presidential administrations can influence it all.
