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Evening Edition: Can Either Candidate For President Really Lower Housing Costs?
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The high cost of housing has become a major campaign talking point for both Forme President Donald Trump and Vice President Kamala Harris. According to a recent polls, almost two thirds of all Americans including a majority of Republicans and Democrats, think housing costs are too high. What does this week's announcement by the Feds that they will cut interest rates for the first time since the COVID pandemic mean for mortgages and can what any president really do to cut costs to housing?
FOX’s John Saucier speaks with Al Lord, the Founder & CEO of Lexerd Capital Management, a real estate firm that primarily sponsors investments in opportunistic multifamily real estate assets throughout the United States, about how the housing market will react to this reduction in interest rates and what can be done to reduce housing costs.
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