Tag Archives: president trump

President Trump’s tax cuts cost homeowners $1 trillion: Report

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Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading →

Trump Administration cites housing regulations as major source of homelessness crisis

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A new White House report on homelessness says that overregulation and other factors have led to hundreds of thousands of people living on the street. Continue reading →

Central banks scramble to ward off fears of a recession

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Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading →

How will a trade war impact the US?

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Central banks can see this coming, underway in several places. But they have another problem: very little room to cut rates, and desperately frightened of the “zero bound.” Thus a continuous argument worthy of Monty Python: Do we fire our limited ammun… Continue reading →

Homebuyers are bracing for a recession: Study

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More than a third of U.S. homebuyers believe a recession is coming next year, according to new data from realtor.com, with many also saying they’ll halt their housing search if or when a downturn finally arrives. Continue reading →

Fed conference draws harsh reaction from Trump and China

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After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading →

Pennsylvania agent offers to rep Trump in Greenland sale

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Long and Foster agent Michael Murphy said in a video he sent to the White House that he’d be willing to take a lower commission on the billion dollar deal. Continue reading →

Yield curve inversion fears are overblown

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Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading →

Wayfair employees protest, stage walkout over border camp furniture

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Making good on their stated plan, scores of Wayfair employees walked off the job Wednesday to protest their company’s practice of selling supplies for use in immigrant detention camps near the U.S.-Mexico border. Continue reading →

Trump creates affordable housing council, taps Ben Carson as chair

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In an executive order Tuesday, Trump said the role of the council would be to increase the supply of homes in the U.S. in an effort to meet demand. Continue reading →