
newsAug 13, 202616:55pending
Evening Edition: Hands Off the Housing Market: Why Government Controls Are Deepening the Crisis
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It looks like relief on the housing affordability front will take some more time to arrive for prospective homebuyers because mortgage rates have trended higher in recent months. A new report shows government regulations are adding nearly $132,000 to the cost of newly built houses. With Midterm Elections around the corner, housing affordability remains a top concern for voters nationwide as socialist candidates have become more popular.
FOX’s John Saucier speaks with Anthony Lamacchia, CEO & Broker, Lamacchia Realty, who says a long list of government regulations and interference continues to harm the affordability of homes.
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