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Andrew Cuomo Says New Yorkers Are 'Petrified' About Mamdani Winning NYC Mayoral Race
Bloomberg Television· 2025-08-05 15:58
Election Dynamics - The under 30 demographic showed tremendous voter turnout, energized by anti-Trump sentiment, socialism, income equality, and the situation in Gaza [1][7] - Assemblyman Mamdani's success in the primary was due to an aberration in turnout, specifically the under 30 voters connecting with him on social media [7][8] - The general election will involve a much larger and different universe of voters compared to the primary [9] - A key strategy involves the stronger candidate going one-on-one against Mamdani in September, with others deferring [6] - Mid-September is seen as a "drop dead date" for candidates to winnow down the field [22] Policy and Public Safety - Assemblyman Mamdani is viewed as a threat due to his anti-police stance, calls for defunding the police, and characterization of the police as wicked, corrupt, and racist [4][5] - Public safety is considered job one, and crime is up overall, making it a major concern [11][12] - There are historic issues with recruiting and retaining police officers, with attrition rates being very high [12][13] - Starting salaries for police officers are around $60,000, and there's a call for increasing salaries and offering retention bonuses [14] Economic Concerns - There is concern that electing a socialist who is anti-police will bankrupt New York City and drive businesses away [19][20] - The under 30's concerns extend beyond affordability to overall economic inequality and a desire for a socialist society [30]
'Big mistake': Karl Rove says Trump falling into same trap as Biden on economy
MSNBC· 2025-08-05 13:24
is is that the Trump administration is making the same mistake that the Biden administration made which was to basically you know remember we had Biden is working well now we have the golden age of American prosperity's return and Americans are not feeling that better to say we're we're working hard to put America on the right road rather than declaring premature victory and I think that's a big mistake for the White House and is likely to come back and and bite him in the midterm election >> that's uh Repu ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-08-05 12:05
Many of the politicians complaining about how unaffordable it is in America don’t realize their policies contributed to the problem. ...
Senator Elizabeth Warren: Mamdani won by addressing affordability
CNBC Television· 2025-08-04 15:37
Economic Concerns & Tax Policy - Raising taxes on the wealthiest New Yorkers, who already pay roughly 15% of their income between city and state taxes, could drive them away [1] - The focus should be on delivering services to constituents by raising the most revenue possible without chasing businesses and high-income taxpayers out of the city [1] - Affordability is a key issue, with many working families being chased out of New York City due to the high cost of housing, groceries, and child care [2] - Raising taxes is not necessarily the answer to affordability issues, as billionaires may leave and spend their money elsewhere [3] Business & Job Creation - Companies like Goldman Sachs are creating new jobs in Dallas, and Blackstone is not building a new headquarters in New York [4] - Making the city more onerous for businesses could lead to a smaller tax revenue pie [9] Housing Market & Affordability - Many people are struggling to pay for housing and groceries [5] - Child care costs of $25,000 per year are a national issue [5] - Increasing housing supply is seen as a way to give young people an opportunity to have their own place [20] - The United States Senate unanimously passed a housing bill to increase housing supply [14][15] - Deregulating everything, including rent stabilization and rent control, could bring down prices in New York [19] - First-time home buyers are now 38 years old, compared to 28 years old in the 1980s and 1990s [20]
Democrats will win delivering on affordability, says Sen. Warren
MSNBC· 2025-08-04 12:42
Now, let's bring in Democratic Senator Elizabeth Warren of Massachusetts. Seems like perfect timing to bring the senator in. Senator, thank you. So, thank you so much for being with us. Um, you know, we could we could actually turn that to to uh Democrats who are desperately trying to figure out this second term. What's the best way to push back against uh Donald Trump and some of the things that he did last week? Cy Booker went on uh the floor and raised his voice and went after a couple of Democrats on on ...
How can Democrats rehab their ‘bruised’ brand?
MSNBC· 2025-08-03 22:17
President Trump did the same exact thing. He went out there, he said it himself. I won this election because of one word, groceries.Cuz people are out here hurting. People are out here starving. Affordability is actually the right term.When you're speaking to people's pockets, people will always hear you. Cuz that is something I don't care if you're black, white, gay, straight, regardless of what your party is, your religion is, if you are a person who is we want two things in America. We want more money in ...
X @Bloomberg
Bloomberg· 2025-08-01 13:06
House prices in the UK have gone nowhere in the past three years, while average wages have risen significantly. Believe it or not, that means affordability - in terms of house prices to income - is at its best since at least 2015. https://t.co/tgGu2THoBh ...
X @Forbes
Forbes· 2025-07-31 19:20
Retirement Destination - Thailand attracts U S retirees due to its inviting culture and affordable healthcare [1] - The cost of living in Thailand is less than half that of the U S [1]
Compass CEO Robert Reffkin: There's more inventory than any time in the last six years
CNBC Television· 2025-07-31 11:33
Market Trends & Inventory - Nationwide, single-family home inventory is up 27%, and total inventory (including condos) is up 16% [3] - 42% of homes on the market have experienced a price drop, the highest in 12 years, indicating increased negotiability for buyers [3] - Northeast market is performing better due to lower supply, while Florida is experiencing a significant shift with 8% fewer transactions year-over-year [6] - Nine states have seen year-over-year price decreases, including Texas, reflecting a shift from COVID-era migration patterns [6] Rental Market - Overall, rental prices are performing better, with year-over-year decreases in some areas [7] - New York City rentals are up 7% year-over-year due to the fair act shifting rental commissions to landlords [7] Affordability & Policy - The discussion revolves around increasing affordability in New York City, with the CEO advocating for increased supply through incentivizing developers and landlords to build more [8][10] - Austin's example is cited, where increased inventory led to a 15% decrease in prices year-over-year [11] - Converting commercial properties to residential and easing building restrictions are proposed solutions for New York City [12] - A mayoral candidate's policies are perceived to have a modest negative impact on market sentiment and sales [14] Compass's Performance - Compass reported record earnings, including record EBITDA, free cash flow, EBITDA margin, market share, revenue, agent recruiting, and platform usage [2] - The company has experienced 17 consecutive quarters of organic growth faster than the market [2] Legal & Competitive Landscape - Compass is suing Zillow on behalf of agents and home sellers, alleging monopolistic practices related to listing requirements and referral fees [16][17]
X @Investopedia
Investopedia· 2025-07-30 15:59
Housing Affordability - Mortgage rates need to decrease to below 45% for housing to become affordable in the US [1] - Home prices need to decline by 18% for housing to become affordable in the US [1]