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Post Politics Now: Committee denies further trouble in Republican-led House

The White House is also launching a call to action called the “Resident-Centered Housing Challenge,” which aims to get housing providers as well as state and local governments to strengthen policies in their own markets.

After months of deliberation, the moves come as the housing market continues to pose a serious problem for homeowners — and the economy in general.

While inflation has fallen over the past six months, average rents have continued to rise rapidly, disproportionately hurting vulnerable households that spend the bulk of their budget on rent. Meanwhile, the country is mired in a massive housing shortage, complicating efforts to cut costs or simply find enough housing for America’s 44 million renter households.

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