Rep. French Hill (R-Ark.), the ranking member of the House Financial Services Committee’s housing subcommittee, said on Tuesday that the bipartisan infrastructure law and other federal spending packages are helping drive up housing construction costs. “This is circular logic,” Hill said while speaking at The Hill’s “A New Housing Market: Affordability, Access and Equity” event. “We’re creating this problem by the way we are passing all this money and trying to do it all in this short period of time, so we are our own worst enemy, I would say, on trying to lower housing construction costs,” he told The Hill’s Jason Jedlinski. The national average sales price of houses sold has ris
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