‘Your housing prices will go up based on the market, and crime will go down. Enjoy!’
President Trump on Wednesday promised U.S. suburban residents that the value of their homes would not be impacted by crime or the construction of low-income housing after an Obama-era rule designed to limit housing segregation was ended last week, the culmination of years of deregulation effort by Trump and a reported appeal to suburban voters. Trump tweeted early Wednesday afternoon:
“Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!” Trump added. Trump is referencing the 2015 Affirmatively Further Fair Housing rule, which President Obama implemented to fight housing discrimination. The rule required local governments receiving federal housing funds to create plans that would combat housing discrimination, which advocatesHousing Secretary Ben Carson appears to have begun revoking the AFFH rule as of July 23, according to aCarson called the AFFH rule “complicated, costly and ineffective,” and touted the Trump administration’s “opportunity zone” initiative, which provides discounts on capital gains taxes for investors sending money into one of over 8,000 designated areas.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump tells suburban voters they will 'no longer be bothered' by low-income housingPresident Donald Trump overtly appealed to white, suburban voters, saying in a tweet that they will no longer be 'bothered' by low income housing in their suburbs.
Read more »
Democrats to confront Attorney General William Barr over interventions in matters of interest to TrumpAttorney General William Barr is set to testify before the House Judiciary Committee Tuesday for the first time in his year-and-a-half long tenure as the nation's top law enforcement official. Democrats hope to grill him over a long list of controversies and his repeated interventions in matters
Read more »
Trump Tries To Appeal To 'Housewives' And White Suburbs, But His Views Seem OutdatedPresident Trump is getting out-polled in the suburbs. He's using fear to try to win them back, but his view of the suburbs seems outdated. They've grown more diverse, and all-white neighborhoods are almost entirely gone.
Read more »