Commercial Real Estate

Commercial Real Estate

The White House program didn’t take direct action to slow rising rental costs, and a future national rent-control policy is unlikely given prior court decisions.

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NAR responded to the White House rental program by suggesting other solutions, such as grants, and warning that policies can drive housing providers from the market.

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The extensive blueprint creates changes via DOJ, HUD, FHFA, FTC, CFPB and others. Builders say it could be worse, but the “order is the wrong strategy.”

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The cost to insure commercial real estate loans has gone up. Borrowers usually “hedge” against interest rate changes, and many older agreements are expiring.

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The firms says decarbonizing the global real estate market will cost about $18T, but the industry could reduce annual carbon emissions by 75% (6.2 gigatons).

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