Tariffs Threaten Housing Affordability
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home buying seasonFoxbusiness
•Business
Business & Economics
The housing market has shifted toward a buyer's market, expert reveals
63% Informative
The National Association of Home Builders warns that 25% tariffs on steel and aluminum set to take effect next month could hurt housing affordability by pushing up the cost of construction materials.
Red Fen CEO Glenn Kelman says the market has shifted definitively toward a buyer's market.
Kelman : In 95% of U.S. cities, it is more affordable to rent than it is to buy a home.
Redfin recently entered a partnership with Zillow that increased speculation that there could be a marriage between your two companies.
Redfin: "We don't comment on public rumors. We'll see what happens" Redfin says it hasn't happened nationwide, but it is happening in places, especially at the high end with more educated, empowered buyers.
VR Score
75
Informative language
79
Neutral language
6
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informal
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English
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24
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not hateful
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short-lived
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