RT Rep. Chip Roy Press Office (@RepChipRoy)Rep. Roy: "We need to make sure that we address the price of housing. We shouldn't have corporate and foreign ownership of our housing supply... I don't know why foreign nationals and major corporations, Blackrock or otherwise, are buying up single family residences. We should stop that." ...

You bring up New York City. What does it look like under the MANI administration. >> Yeah.Well, I'm um hopeful for a constructive outcome. I think um obviously Mr. . Mandani is is mayor and we want him to be successful.I always say at BXP that our success in any one community is capped at our community's success. So if the city's not successful, we can't be either. And so, um, you know, we want to do what we can to help him figure out some of the things that he promised as a as a candidate, which is to get ...

Housing Supply & Federal Initiatives - The US Senate unanimously passed a housing bill aimed at increasing housing supply across America [1] - The core issue identified is a lack of sufficient housing supply nationwide, impacting urban, rural, rental, first-time buyers, seniors, and people with disabilities [2][3] - The federal government's role has primarily been in finance, with limited involvement in public housing, contributing to rising housing prices over the past 40 years [2] Bill Provisions & Strategies - The bill seeks to reduce construction costs through measures like promoting modular housing and pre-approved plan book housing [4] - An innovation fund is included to incentivize cities to build more housing by providing financial support for infrastructure like schools and sewer connections [5] - The overarching goal is to increase housing supply to help lower housing costs [5]

Interest Rate & Economy - President Trump suggested the Federal Reserve should lower interest rates following a 3% GDP growth, arguing there's no inflation and it would help people buy or refinance homes [1] - The real estate industry benefits from lower interest rates [2][7] - There's a debate on whether interest rates should be lowered, considering inflation is currently under control [3][4] - The impact of tariffs on inflation remains a mystery, as predicted price increases haven't materialized [5] Real Estate Market - Outside of New York City, rents are down in many places due to overbuilding, especially in the Southeast and Southwest [6] - Lower interest rates would help increase the supply of housing, making it more affordable for consumers [8] - LFrack organization is actively developing in Jersey City (with 20,000 people living there) and Miami (projected 5,000 apartments) [13] - Unlocking 40,000 to 50,000 rent-stabilized apartments could immediately make rents more affordable in New York City [16] Political & Policy - There's discussion about the potential impact of a socialist mayor on New York City, a center of capitalism [14] - Trump's negotiation style involves starting at a high point to make the best deal [11]

Interest Rates and Federal Reserve - High interest rates negatively impact families by increasing costs on credit cards, car loans, and mortgages [1] - The independence of the Federal Reserve (Fed) is crucial for maintaining confidence in the financial system [5] - Political pressure on the Fed undermines confidence in the financial system [5] - Lowering interest rates could help ease housing issues [6] Housing Crisis and Supply - America faces a housing crisis with rising prices due to insufficient housing supply, needing approximately 7 million more housing units [8][9] - A bipartisan bill aims to encourage more housing development across the country [10][11] - The housing problem is complex, requiring multiple solutions [12] Political Issues - The Jeffrey Epstein story is impacting the agenda and sucking up oxygen that could be used to work on a housing bill [19] - Transparency is needed regarding the Epstein files [18][21]

Housing Supply - Mayoral candidate Zohran Mamdani's policies could negatively impact a promising source of new housing supply [1] Political Implications - The policies of Zohran Mamdani, a mayoral candidate, are under scrutiny for their potential effects [1]