What Trump’s Housing Executive Order Means for Mortgages
Newsweek cited CEI’s expert on mortgage costs
However, John Berlau, financial policy director at the Competitive Enterprise Institute, called Trump’s proposal “misguided” and told Newsweek that this could “undermine many constructive housing initiatives the administration is pursuing.”
“Today, institutional investors own only two percent of single-family homes,” he said. “By rehabbing those homes for the rental market, they provide a service to many families with children unable to finance homeownership but seeking a living space larger than an apartment.”
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