The PMG Prayed and Lehman Brothers Alum Dan Coakley talks to Fox News Digital about the time why it is time for the White House to announce the state of national housing emergency.
The Trump administration also considers the declaration of a state of national housing emergency, A housing developer agrees at reasonable prices that began his career in Lehman Brothers unambiguously that the advertisement is late.
“I definitely think that we are in a national housing emergency. I think we were here for some time,” said Dan Koukly, director of Fox News Digital.
“As much as I am concerned, it is true on time,” he added. “If you look back over the past ten years when there is an emergency housing, then no white house really has this issue, despite the fact that, in my opinion, it may be the most important issue in the political field and in a world of what is more important in people’s daily lives.”
On Monday, Treasury Secretary, Scott Besense, told Washington that the Trump administration A national housing emergency may announce This autumn, indicating the high prices and width.
Real estate mortgage rates have declined to the lowest level since October 2024
“Everywhere you look at it, the data is bad,” said Kawkali.
Veteran real estate, who is more than 25 years old, indicated that during his career, the average rental increased by 21 % while the average income increased by only 2 % at the same time, and 40 % of American families pay more than 30 % of their salaries at home at housing costs.
The development of community houses in Glendale Lakes under construction in Arcola, Texas, United States, on Tuesday, July 12, 2022. In the American housing market, they were afflicted for very few years, the builders suddenly find themselves with a (Getty Images)
In addition, Harvard University 2025 Housing report in the case of the nation House sales have decreased to their lowest level for 30 years, with high prices, interest rates, high insurance, and taxes and the ability to withstand costs.
“With regard to how the White House or the administration frames the case … I would like to praise them to raise this issue to the top of the list of priorities.” “Whether you are in support of the president or not in support, I think we can all see that he is ready to experience different ways and even ready to fail, and this is a kind of mentality required at this time of the crisis, which was now continuing for several years.
“You need an approach by a administration ready to try different things and throw different resources in this issue to try to achieve this, and in the end you reach a point where you can get rid of people.”
Former economic advisers, Thomas Phillipson, discusses the ability to afford the costs of homes and meets the leaders of India, China and Russia at a summit in Tianjin on the “end result”.
Coakley recommended three main tools that the White House must prepare to address the state of emergency national housing: financing, relief of customs tariffs and repair areas of regions.
“You can put more money towards the case, which is definitely required,” I explained. ““Big and Beautiful Buda” In fact, she has done a great job in allocating more tax credits, and I think a 13 % increase for states, which is in fact the main source of financing for housing at reasonable prices. “
Coakley added: “Discounts or disposal of customs tariffs on some of the main materials … wood, wood … gypsum … glass,” Coakley added, and urged federal rapid path to deliver the product. “You can also reduce the other type (species) of non -economic barriers to development.”
“Whether you are in support of the president or not in support, I think we can all see that he is ready to experience different methods and even ready to fail, and this is a kind of mentality required at this time of the crisis.”
The developer said that the high mortgage prices and the interest rates of interest steadily from the Federal Reserve are “definitely a large part of the problem.”
“Young people cannot first buy homes, not only because interest rates are very high, but because medium wages are not exposed to costs,” said Koukly. “The housing market affects everyone … in low income, medium income, upper intermediate income. All of these people suffer as a result. I only hope that the Federal Reserve Policy and the interest rate of influence, in fact, are a larger group of people.”
The White House did not respond to the Fox News Digital request for comment.
The houses that are built in Aldie, Virginia, on Tuesday, February 20, 2024. | Gety pictures
Shab Leman Prades also drew a distinction between today’s crisis The great recession of 2008.
“I do not see, as you know, a kind of orientation towards credit … stagnation or detaining the market on the horizon, but I think it is equally important that we are in a state … folding forgetfulness or a kind of despair that many people feel.” “The American dream was about … How can we get up?
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The members of the “Big Money Show” team warns of the ability to withstand housing costs that Biden’s regulations, inflation, and the pressure of increasing migrants who threaten the American dream unless bold measures are taken.
Ultimately, Coakley believes that the American housing crisis is a non -partisan issue, and it welcomes the administration’s willingness to lift the conversation.
He said: “The developers, in general, especially affordable housing developers, are not politicians. Many of us, while we are businessmen, we also have a heart for this.” “We are people who will work with anyone, regardless of the political party, and we only welcome the Trump administration that has this issue and raised. I am very optimistic about the impact of this.”
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