Biden Administration considering regulations to impose higher home costs

SANTA FE, NEW MEXICO - JULY 2, 2020: Construction workers build a cinder block foundation for a new home being built overlooking Santa Fe, New Mexico. (Photo by Robert Alexander/Getty Images)

Housing costs have risen dramatically since Joe Biden became president. The monthly mortgage payment on a median-priced home has more than doubled, from $979 to $2,075. Now, it appears that the Biden Administration (and his allies like Sen. Martin Heinrich) may be pushing for even further price hikes.

According to this article from ClimateWire:

“The Biden administration is considering a new federal mandate that would require millions of newly built homes to have efficient heating and cooling systems, in a policy shift that could transform the nation’s housing market.

The administration has said it will decide within weeks whether to require a large number of homes to be built according to the latest international standards for energy efficiency.”

This is nothing new for so-called “progressives” like Biden and New Mexico Gov. Lujan Grisham. In fact, earlier this year Lujan Grisham imposed new regulations which will increase the cost of housing.

You can bet that Heinrich whose number one priority is “electrifying” our economy is in the background cheerleading for the Biden Administration’s latest economically-destructive policy.

8,200 New Mexico Home Stock Photos, High-Res Pictures, and Images - Getty  Images | New mexico house, Southwest yard