Housing affordability remains a challenge as more homebuyers opt to sit on the sidelines until prices normalize. National Association of Home Builders (NAHB)...
"I'm a big believer that ownership is the gateway to the middle class in this country. You save for your down payment. You build equity into a home and grow your family. Or perhaps you buy a second home or a larger home... People are going to be locked in rental for a long time, and we're going to see that shift once interest rates sag down," Tobin explains.
Uh And, and perhaps I'm just, you know, speaking from my own personal experience right now, but there are many like myself who continue to rent because homeownership doesn't make sense at this rate right now.Yeah, I mean, for us, rent and, and ownership, ownership, we, we, I I'm a big believer that that ownership is the gateway to the middle class in this country, right?
You know, whether it's insurance costs or through the roof, whether it's just maintenance on a building. Uh not, not big corporate landlords, which is the, what the president has circled is the, the, the populist answer to this. However, even though it's a two year uh rent cap, I know the way Congress works and they always extend things.
Donald Trump Jr. had a tense back-and-forth with a reporter for NBC News at the Republican National Convention Monday, during which he called the news crew “clowns” and ultimately shooed them away by saying, “get out of here!”The exchange was cordial at first, with NBC News correspondent Jacob Soboroff asking the eldest Trump child about the former president’s plan to change his convention speech in light of Saturday’s assassination attempt, supposedly pivoting to a message of “unity.
Jim Tobin National Association Of Home Builders Rental Increases Housing Affordability NAHB
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