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Last week the Federal Reserve announced a recent cut to the interest rate by 1/4 of a percent. Inadequate housing production has caused rent and home prices to grow 20% faster than people’s income since 2000, according to the Build homes, expand opportunity housing report by the Bush Institute. At the Bush Institute, we’ve estimated that America needs to build at least 1.5 million homes in order to keep up with demand and close the gap of under-building. To learn more about our housing work visi