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- President Biden laid out new housing market proposals during his State of the Union address on Thursday.
- They include mortgage-relief credits for first-time buyers, and credits for certain sellers.
- But some experts remain concerned about a lack of housing supply.
The Biden Administration has put out a list of new proposals to tackle housing-market unaffordability, aiming to bring relief to homebuyers, renters, and mortgage-locked homeowners.
"I know the cost of housing is so important to you. If inflation keeps coming down, mortgage rates will come down as well. But I'm not waiting," President Joe Biden said during Thursday's State of the Union address.