Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
The cost rose a lot following the pandemic. And some of that was supply chain issues that really increased the costs, and then they didn't quite come back down. And now tariffs are also impacting some products. These costs are part of the reason the amount of new rental housing stock is shrinking.
The relatively flat trajectory for rates reflects the market's belief that the federal funds rate won't change anytime soon. Federal Reserve policymakers didn't offer any surprises last week when they ended their rate-cutting cycle by holding the policy rate at a range of 3.5% to 3.75%. And the CME Group's Fed Watch tool showed that the next rate cut isn't likely to materialize until June or July.