The debate over government involvement in the real estate industry is not new, but it has taken on renewed urgency as the housing crisis deepens across the United States. Vice President Kamala Harris recently pledged to build 3 million new homes if elected President....
Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted from a recent speech delivered during theGlobal Interdependence Center’s Central Banking Series at Banque de France in Paris. By the first quarter of 2022, the Fed’s...
Ondrej Linda is senior director of Personalization AI at Zillow. This article is edited and adapted from prepared remarks delivered before a recent congressional hearing entitled “AI Innovation Explored: Insights into AI Applications in Financial Services and...
In a recent article on WRE News titled “Renter Population is Growing 3X Faster Than Homeowner Population,” I was drawn in by the alarming data. The number of US renter households in the second quarter grew by 1.9% year-over-year, according to a new data...
Sen. Elizabeth Warren (D-MA) has introduced a $550 billion plan to fund the construction of approximately 3 million new housing units by raising estate taxes. Warren’s endeavor, dubbed the American Housing and Economic Mobility Act, encompasses a wide range of pledges...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
