Alarming Inflation Data Gives Pause to New Home Builders
by Small Business Trends
Small Business Trends— New home builders are showing concern after new inflation data was released. But could this confidence shift to the positive soon?
Bangor Daily News—Midcoast town may give away some of its land for new homes. The skyrocketing cost of renting and owning homes is forcing more municipalities to try to develop additional housing and keep prices down.
World Tribune—Bidenomics: 40 percent of renters believe they’ll never be able to buy a home; Trump highlights inflation data. by WorldTribune Staff, April 23, 2024 Joe Biden’s economic policies have shattered the dreams of millions of Americans who dream of buying their own home. Housing specialist Redfin reported that rising home prices and mortgage rates “are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly […]
www.utilitydive.com—DOE launches $8.8B program to lower home energy costs amid mixed data on electricity inflation. New York is the first state to receive funds through the Inflation Reduction Act’s home energy rebates program; 11 others have applications pending, according to the U.S. Department of Energy.