Biden admin 'putting Band-Aids on everything' in the housing market as sector faces perfect storm: Expert

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

National Association of Home Builders CEO criticizes the Biden administration for 'putting Band-Aids' on housing market issues like inflation and low supply.

. Howard predicted those levels aren’t likely to recover anytime soon, primarily due to ongoing supply chain issues and high construction and supply costs.

"This is the tenth month in a row it's gone down. I don't see any reason why it's going to come back up any time soon," Howard said. "We're still having supply chain problems, we're still having problems with increased regulation… right now, the home building sector is facing a perfect storm.

"By collapsing the housing market, that will certainly end inflation," the CEO continued. "But boy, that's a risky way to go."policymakers need to take action

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:

 /  🏆 458. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Didn't you hear? The economy is strong as hell. Quit your complaining. Didn't you watch the late night shows? They all conquer. Don't become a problem. Do you want me to remove more privileges? No ice cream for you.

I mean, to be fair, he ways no idea what he’s doing

This isn’t really an “administration.” This is a “fly by the seat of your pants” group of incompetent, unqualified wannabes who continuously lie and blame others for their inadequacy, amd failure to do anything that makes sense and benefits the country. They’re abhorrent.

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” - George Orwell, 1984

Ireland Ireland Latest News, Ireland Ireland Headlines