Treasury Secretary Scott Bessent recentlydeclaredthat President Donald Trump’s administration is considering declaring an emergency situation forhousing.He pointedouttheweakest summer home sales in a decade, withmore than 15%of transactions falling through in July,thehighest cancellation rate since record-keeping commencedin 2017. Prices, though below pandemic levels,arestill too lofty for working- and middle-class Americans. Bessent …
Read More »Housing costs are crushing families – here’s the way out
