US LAWMAKERS ADVANCE BILL TO LOWER HOUSING PRICES

Republicans and Democrats in Congress are lining up behind legislation to encourage more affordable housing, in ​a rare example of bipartisan action on a quality-of-life issue for voters.

The bill, which has drawn broad ‌support from industry groups, would overhaul regulations to make it faster and cheaper to build new housing. It would also modernize rules for factory-built housing and ban large investment groups from buying more single-family homes, a measure backed by President Donald Trump.

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