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Mr. HARIDOPOLOS. Mr. Speaker, I thank the gentlewoman for yielding time.
Mr. Speaker, the Affordable HOMES Act is commonsense legislation that cuts red tape and lowers housing costs for hardworking American families.
We all recognize between 2021 and 2024 that interest rates went from 3 percent to 7 percent. In my home community, that meant we spent $1,200 more a month for the average home in my community. We spent $1,200. We need to think of commonsense ways to turn this around and make housing more affordable.
President Reagan once said: ``If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.''
Today, Washington has regulated the same thing twice. Manufactured homes are being hit with overlapping energy mandates from HUD and the Department of Energy. The Affordable HOMES Act fixes this by repealing DOE's separate energy rules, restoring clear authority to HUD, which already oversees construction and safety standards.
Lower costs mean more homes built and greater supply. More families will be able to build equity and secure their future. This is conservative policy at its best. It is less government, more opportunity, and more relief for American families.
Let us also remember that home prices also went up because 10 million people came into this country in a 4-year time period. The simple law of supply and demand tells me that causes prices to rise radically, much like radical policies from 2021 through 2024.
Mr. Speaker, I am proud to support the Affordable HOMES Act to cut red tape and help more Americans achieve the dream of homeownership. I very much thank the chairwoman for leading this charge.
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