Tag Archives: housing

Former Obama speechwriter Jon Lovett sparred with a Los Angeles city councilmember on Wednesday during a heated debate on California’s housing crisis. CaliforniaDemocratic state Sen. Scott Wiener and Los Angeles Councilmember Imelda Padilla debated on the “Pod Save America” podcast about how California should handle its ongoing housing crisis. Wiener’s …

Treasury Secretary Scott Bessent recentlydeclaredthat President Donald Trump’s administration is considering declaring an emergency situation forhousing.He pointedouttheweakest summer home sales in a decade, withmore than 15%of transactions falling through in July,thehighest cancellation rate since record-keeping commencedin 2017. Prices, though below pandemic levels,arestill too lofty for working- and middle-class Americans. Bessent …