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Politics

Trump-Backed Housing Rule Could Undercut Effort to Lower Costs

A proposed rule change by the Trump administration could jeopardize billions of dollars of housing investment in rural a...

A proposed rule change by the Trump administration could jeopardize billions of dollars of housing investment in rural areas and small towns – potentially undermining the White House’s efforts to boost housing supply in order to bring down costs just as mortgage rates soar.

SOURCE: Bloomberg - Politics
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