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【Text/Observer.com Lai Jiaqi】

The housing issue has become one of the most concerned economic issues for American voters in this election. Reuters reported on August 27 that when U.S. Vice President and Democratic presidential candidate Harris formally accepted the nomination last week, she promised to "end the housing shortage in the United States" through policies such as building more houses, prohibiting companies from raising prices, and providing subsidies to home buyers.

The Financial Times pointed out that the newly announced economic policy of the Democratic presidential candidate borrowed many relevant policies of US President Biden, but had characteristics targeting Trump. Democratic strategist Alyssa Cass said that Harris' housing plan could help her win voters in the election, which is the most important concern of Harris' campaign team.

Since the subprime mortgage crisis of 2007-2009, housing construction in the United States has recovered slowly and the housing gap has been widening. Since 2021, the prices of goods and housing prices in the United States have risen, and the Federal Reserve's interest rate hikes have made mortgages more expensive. Housing costs continue to rise, further exacerbating the country's housing crisis. The National Public Radio (NPR) reported in April this year that the US housing shortage is about 4 million to 7 million units.