Never Seen Affordability Crisis Like This: Fmr. HUD Sec.
NegativeFinancial Markets
- Shaun Donovan, CEO of Enterprise Community Partners and former HUD Secretary, stated that the affordability crisis in the U.S. has reached unprecedented levels, marking it as the nation's top economic issue. He made these remarks during an interview with Katie Greifeld and Romaine Bostick on Bloomberg's 'The Close.'
- This development highlights the severity of the housing affordability challenge facing many Americans, suggesting that immediate policy interventions may be necessary to address the growing economic strain on households across the country.
— via World Pulse Now AI Editorial System
