Kevin Hassett, chairman of the Council of Economic Advisers, speaks during the daily press briefing at the White House, Monday, Sept. 10, 2018, in Washington.White House Council of Economic Advisers Chairman Kevin Hassett said Tuesday he hasn't seen any effect on the housing market following 2017 tax law changes.A recent report from the Federal Reserve Bank of New York showed the Tax Cut and Jobs Act has contributed to slowing activity through new deduction caps and other policy changes.
The Tax Cuts and Jobs Act was expected to increase after-tax home ownership costs by capping the amount of mortgage debt on which interest is deductible, doubling Americans' standard deduction and lowering marginal tax rates.showed the new policies contributed to a slowdown in housing activity last year.
Zillow bases its median home values on price estimates of more than 100 million homes across the country, according to a spokesperson.
Source: Real Estate Daily Report (realestatedailyreport.net)
Housing prices, Rents, and everything else needs to go down to show that 'One size doesn't fit all!' In America!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House declines to give assurances to top GOP senator on fate of immigration officialRepublican Sen. Chuck Grassley, who for days has urged the White House both publicly and privately not to fire a top immigration official, said Wednesday he hasn't received any assurances his efforts will work -- and will have to accept it if they do not. ChuckGrassley Wow, Senator.....the GOP senators and representatives including you need to really 'grow some balls' and stand up to this tyrant! I love how the socialist platform is shaping up. Illegals before citzens is genius. Trump not listening to GOP Senators 😂😂😂😂
Source: CNN - 🏆 4. / 95 Read more »
House Democrats seek communications on White House ‘sanctuary city’ proposalThree Democratic chairmen wrote to the administration about the White House pressuring immigration officials to release migrants into the districts of political adversaries. House dems keep tweeting and repeating on the news that the plan is unlawful. Yet, not a single fact to support an unlawful claim. as they should Liberals and all whom have to face the consequences of supporting immigration policies and or sanctuary cities
Source: washingtonpost - 🏆 95. / 72 Read more »
Former White House official accused in security clearance dispute to face House committeeCarl Kline, who served as the White House personnel security director during the first two years of the administration, will give a deposition on April 23, his lawyer said. Give em hell! Lol Gumby
Source: washingtonpost - 🏆 95. / 72 Read more »
Ex-Obama lawyer Craig charged in Mueller spin-off probe for lying about Ukraine workGreg Craig, who served as former President Barack Obama's top White House l... He worked for Obama for slightly less than a year well before this lying occurred. Is Obama really relevant to the story? Ya do shit, ya get busted. Americans want criminals to be investigated, tried and adjudicated. You know, right? Judge or jury, and a decision and verdict. Now, ... tell me again, TheJusticeDept , Why the HELL doesn't that work for a sitting president who is the head of a cabal?! Mueller spin-off probe sounds interesting 🤔
Source: Reuters - 🏆 2. / 97 Read more »
NBA's Kyle Korver Wrote A Personal Essay About White Privilege, White Guilt, And White Responsibility, And Every White Person Should Read It, TBQH'How can I — as a white man, part of this systemic problem — become part of the solution when it comes to racism in my workplace? In my community? In this country?' Have always been a fan of Kyle Korver as a player 🔥🔥🔥... now there’s even more to like about him.
Source: BuzzFeed - 🏆 730. / 51 Read more »
Moon Heads to White House Aiming to End North Korea ImpasseSouth Korea’s president, who played peacemaker by bringing the North Korean regime to talks with his U.S. ally, now faces the challenge of persuading both sides to make concessions he argues can help get Kim Jong Un to give up his nuclear arsenal. Chinese tossed away the hot potato, South Korea catches it......now the world is watching how South Korea is gonna to talk with WH.
Source: WSJ - 🏆 98. / 63 Read more »
White House says changes to the 'bureaucracy' at DHS are ongoing, but exclude 'subordinate staffers'The White House may be considering additional DHS changes at the leadership level, a senior administration official tells CNBC.
Source: CNBC - 🏆 12. / 72 Read more »
Race in admissions: White House gets Texas Tech med school to stem affirmative actionTexas Tech University’s medical school will stop considering race in its admissions process, the latest effort by the Trump administration to curb affirmative action in colleges. About damn time. College admissions should be based on merit and test scores. Not race. Good riddance for discrimination. It should be by merit and grades alone. Not sure why anyone would think different
Source: USATODAY - 🏆 100. / 63 Read more »