When President Joe Biden unveiled his infrastructure package — nicknamed the American Jobs Plan — he didn’t just lift the curtain on a proposal to improve the nation’s roads and expand broadband access. The package, if passed, would also represent one of the largest investments in housing the country has seen in many years.
“Housing is infrastructure,” Jenny Schuetz, a senior fellow and urban economist at the Brookings Institution, a center-left think tank, said on Twitter TWTR, +0.31%. “Love it.” “They propose to do exactly what we should be doing, which is improve the economics of building and renovating affordable housing,” said Jim Parrott, a nonresident fellow at the Urban Institute, a Washington, D.C.-based center-left think tank, and owner of Parrott Ryan Advisors, a consulting firm that provides advice on housing-finance issues to financial institutions.
“The idea is to turn vacant homes into places where people want to live,” Seiberg wrote, noting that Cowen had previously been less optimistic on the plan “because progressives worry about gentrification, which one could argue this may encourage.” Housing experts estimate that there is around $70 billion in capital needs across the country’s public housing projects, Popkin noted, adding that the figure is likely an underestimate. “It’s not enough to preserve what’s really a central resource in the United States,” Popkin said.
“ ‘The problem is that local communities impose these zoning limits because voters in those neighborhoods demand them.’ ”
Building materials have increased 120% just how is that building going to happen! $250 sq foot
End The Fed.
Lol 😂
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ASX-OLL New annual report released today Canaccord Genuity Report on $OLL - $0.50 Fair Value, $0.74 Bullish Target. A very good time to buy in the current stock price. Do Your own research before making any financial decisions
Very big changes to how the world functions has filtered into the higher education sector with the University of NSW partnering with OpenLearning (ASX: $OLL) to create a new online pathway program that can transition successful students into UNSW degrees..
Economic recovery will be built on educated upskilled workforce We know from experience, economic downturns lead to upturns in demand for education. An undisclosed amount of government funding will be invested in Micro-credentials.
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