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Biden's rent-control plan will only make America's housing crisis worse
Fox News | July 22, 2024 | Kerry Jackson
“While the prior administration gave special tax breaks to corporate landlords, I’m working to lower housing costs for families,” Biden said Tuesday. He urged congressional Republicans to “join Democrats to pass my plan to lower housing costs for Americans,” in which corporate owners would have “a choice to either cap rent increases on existing units at 5% or risk losing current valuable federal tax breaks.”
If he had only looked west, he would have seen the damage caused by rent-control policies in California. ([link removed])
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Biden's Healthcare Amnesty Solves Nothing - and at a Staggering Cost
DC Journal | Sally Pipes | July 23, 2024
The Biden administration recently finalized a rule extending subsidized health coverage to approximately 100,000 people without health insurance who entered the United States illegally. These folks are part of the Deferred Action for Childhood Arrivals, or DACA, program — a group sometimes known as “dreamers.”
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Why Dallas permits more housing than all of California
Free Cities Center | Kenneth Schrupp | July 23, 2024
Better urban planning and occupational-licensing policies combined with a lower cost of living – driven by lower housing costs from higher housing production – mean real estate development still pencils out in Dallas despite the return of relatively higher interest rates. With interest rates likely to stay at similar levels for the indefinite future, California should look to Dallas if it hopes to get housing production off the ground in the “new normal ([link removed]) .”
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