Oklahoma State Home Builders Association

An Affiliate of the National Home Builders Association

Forbes: How President Trump Could Affect The Value Of Your Home

 
Posted on November 20, 2016 by By Carol Hartzog Communications
Housing headlines
 
By Samantha Sharf 
Forbes Magazine
 
In July the U.S. Census Bureau announced that the homeownership rate in this country had hit its lowest level since the government began measuring the stat in 1965. Then candidate Donald Trump jumped on the news with a tweet suggesting the figure proved his most consistent message: the economy is failing you.
 
In a nation in which homeownership is largely seen as synonymous with the American dream, it’s easy to see why a change candidate would highlight the record low rate. But at the time economists urged Americans – and candidates – to look beyond the eye-popping headline number. It turned out the decline in the rate had not been due to fewer people owning homes, but to more people forming households in rental properties. In other words, the dip may ... Read the article at Forbes.com
 
Trump tweet
 
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