Home builder sentiment unexpectedly turned negative in May as high rates and new regulations hit the sector.
The post Lack of Progress on Inflation Pushes Homebuilder Sentiment Back Into Negative Territory appeared first on Breitbart.
President Joe Biden has welcomed millions low-wage migrants to produce more goods and services — and an even bigger wave of children, mothers, and older people who consume goods and services needed by American families.
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Massachusetts Gov. Maura Healey (D) is turning a former correctional facility into a temporary shelter to house migrants.
The post Massachusetts Former Prison to be Turned into Migrant Shelter appeared first on Breitbart.
President Joe Biden's policy of mass migration is forcing up housing inflation, so pushing up interest and mortgage rates, according to a report in the Wall Street Journal.
The post Wall Street Journal: Biden’s Migration Spikes Interest, Mortgage Rates appeared first on Breitbart.
The Bank of England has admitted that mass migration is a chief factor in the increasing cost of rent in the country.
The post You Don’t Say! Bank of England Admits Mass Migration Driving Up Cost of Housing in Britain appeared first on Breitbart.
During a portion of an interview with CNN set to air on Wednesday’s broadcast of “OutFront” that was aired on Wednesday’s broadcast of “The Lead,” President Joe Biden responded to a question on increasing home costs, falling real income, economic
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If you can slow down the housing market, you can probably slow down the economy and reduce inflation.
The post Breitbart Business Digest: The Housing Market Shows Interest Rates Are Too Low appeared first on Breitbart.
The strength of the housing market suggests that a lack of housing supply, high levels of immigration, and increased demand from remote work may mean interest rates need to go higher to reduce inflation.
The post Fed President Kashkari Warns Rates Might Not Be High Enough appeared first on Breitbart.
Migration is expanding per-person poverty in many advanced countries, chiefly by raising housing costs, said Bloomberg, a pro-migration business magazine.
The post Bloomberg: Migration Drives Up Housing Costs in 13 Countries appeared first on Breitbart.
For the first time ever, the expectation to own a home among younger Americans fell below 50 percent.
The post Bidenflation Blues: Renters More Pessimistic Than Ever About Owning A Home appeared first on Breitbart.
President Joe Biden's mass migration is boosting inflation, chiefly by raising housing prices, according to the Economist, a U.K.-based pro-globalism magazine.
The post Globalist Magazine Admits Joe Biden’s Migration Spikes Inflation appeared first on Breitbart.
Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.
The post Report: Luxury Home Prices Reach Record Highs appeared first on Breitbart.
A homeless Los Angeles man has garnered attention for constructing a house, with a front door and electricity, on the side of the freeway.
The post Homeless Los Angeles Man Constructs House on the Side of the Freeway appeared first on Breitbart.
Oklahoma Gov. Kevin Stitt (R) says he is "not going to make a decision" regarding signing an illegal immigration bill that would allow law enforcement officials to remove illegal aliens from the state.
The post Oklahoma Gov. Kevin Stitt ‘Not Going to Make a Decision’ on Signing Illegal Immigration Bill appeared first on Breitbart.