While a similar credit was successful when it was enacted in 2009, circumstances in the housing market are much different now.

High mortgage rates and the short supply of homes have compounded to make buying a home unaffordable.

For more on this, KCBS Radio's Holly Quan was joined by Emily Peck, Markets Correspondent at Axios.

Nicholas Klein / Getty Images

While a similar credit was successful when it was enacted in 2009, circumstances in the housing market are much different now.
High mortgage rates and the short supply of homes have compounded to make buying a home unaffordable.
For more on this, KCBS Radio's Holly Quan was joined by Emily Peck, Markets Correspondent at Axios.
Nicholas Klein / Getty Images

KCBS Radio: On-Demand

Today's news from KCBS Radio in the palm of your hand.

Advertisement