Biden's plans for addressing housing affordability will make it worse, Pence group warns

The nonprofit political advocacy group founded by former Vice President Mike Pence is warning congressional lawmakers that President Biden's plans for the federal government to intervene in the housing market will only escalate the problem to a scale not seen since the Great Recession.

Pence's organization, Advancing American Freedom (AAF), issued a policy memo to lawmakers and their staff on Friday, claiming the president's proposals would "kill" the American dream, and result in a "repeat" of the 2008 crisis.