Donald trump
In a significant blow to President Donald Trump’s trade policy, the Supreme Court ruled 6-3 on Friday that the International Emergency Economic Powers Act does not give the president the authority to impose tariffs. So, what does this mean for the housing market? As previously reported by CandysDirt.com, increases in the cost of new construction…
By Jonathan MillerSpecial Contributor Takeways No Apparent Connection Between Affordability and Institutional Ownership The administration has said it is “immediately taking steps to ban large institutional investors from buying more single‑family homes” and will ask Congress to codify the policy, emphasizing that “people live in homes, not corporations.” Conceptually, the ban targets private‑equity funds and…
It has been a whirlwind of news on the mortgage rates front over the last few days as the 30-year note crossed a critical threshold. Meanwhile, the independence of Federal Reserve policy appears more under threat than ever amid a criminal investigation into the central bank’s chair. First, Mortgage Rates Last Thursday, President Donald Trump…
Those looking to refurnish or finally update that kitchen got a late Christmas present courtesy of President Donald Trump, who once again delayed the implementation of previously threatened tariffs on certain goods. On New Year’s Eve, the White House announced that a planned 50% tariff on imported kitchen cabinets and vanities and a planned 30%…
By Jonathan MillerSpecial Contributor The Fed Cuts And The Search For A Heart Of Gold Neil Young’s 1980 political album Hawks & Doves was disappointing to his fans after the barn-burner Rust Never Sleeps and the classics After the Gold Rush and Harvest set the standard. For me, the Hawks & Doves album symbolized the beginning of a weaker era of his albums and perhaps,…
