Politics

Billionaire Democrat Real Estate Investor Reveals Unintended Consequences of Biden’s Rent Cap Proposal

Published by FOX Business | July 19, 2024 New Biden admin plan penalizes corporate landlords who raise rent more than 5% each year Billionaire real estate mogul and former Democratic gubernatorial candidate Jeff Greene sounded off on President Biden’s “completely ridiculous” plan for national rent control, warning that it stunts new buildings and fair prices. …

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Biden’s New Home Construction Efficiency Rules Cause Outrage, Doubts Over Affordability

Published by FOX Business | July 8, 2024 A Biden-Harris administration official rejected claims the new standards will further burden first-time homebuyers and families already facing record high prices. The Biden administration on Monday rejected claims from Congress and homebuilder groups that new energy efficiency standards for home construction will make a bad economic situation …

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Yellen Pushes Biden Housing Agenda Amid Rising Home Prices

Published by Breitbart News | June 24, 2024 The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen will promote the new investments on …

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Blue-State Residents Are Fleeing To Red States for Lower House Prices

Published by REALTOR.com | June 21, 2024 Much of this mass migration has to do with real estate prices, which have shot up astronomically in blue-state strongholds such as California and New York. America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit. The Republican …

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Real Estate Investor Says ‘Nobody Wants To Do Business’ In NYC After Trump Verdict

Published by FOX Business | May 31, 2024 Prominent business executives have warned that more New York enterprises and their leaders may fall victim to “no rule of law” in the wake of Donald Trump’s guilty verdict. Former President Trump was found guilty on all counts in his historic and unprecedented criminal trial, making him the …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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IRS Plans To More Than Double Its Audit Rate of Wealthy Taxpayers

Published by FOX Business | May 3, 2023 IRS also plans to nearly triple audit rates on large corporations with assets over $250M The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to …

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Homes Have Become Less Affordable Since Biden Took Office

Published by FOX Business | April 1, 2024 The annual earnings required to afford a median-priced home, which Bankrate lists at $402,343, rose 46% between January 2020 and January 2024. Homes in the United States have become increasingly unaffordable during President Biden’s term in office, with one study showing that buyers in nearly half of the 50 …

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