25-129: December Policy Pulse Newsletter

12/11/2025

In this month’s Policy Pulse, Pennymac’s Isaac Boltansky cuts through the political noise with a definitive Housing Affordability Policy Playbook. Isaac separates the real solutions from the distractions to identify the specific levers—both good and bad—that can actually move the needle.

Inside the Issue:

  • Helpful Solutions for Supply and Mobility: Key proposals addressing the core drivers of the housing crisis, from reforming the Capital Gains Exclusion to scaling factory-built housing.
  • Policy Pitfalls to Avoid: A clear breakdown of why some recent proposals like portable mortgages and lowering LLPAs on investor properties could hinder, rather than help, the nation’s push for housing affordability.

Read Policy Pulse Now