Reported about 12 hours ago
Treasury Secretary Scott Bessent announced that the Trump administration may declare a national housing emergency this fall, aiming to address housing affordability as a key issue for the upcoming midterm elections. Bessent indicated the possible standardization of building codes and reduction of closing costs, emphasizing that housing affordability is crucial for the Republican platform. The discussion arises amid rising housing costs exacerbated by the COVID-19 pandemic and ongoing economic disparities.
Source: YAHOO