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Showing posts with the label health care costs

Trump's Disappointing Blue Wave Backlash (10 Real Estate Investor Realities)

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Key Takeaways Voter evidence, not speculation: AP, CBS, and KFF polling shows the midterm backlash was driven mainly by costs (inflation, health care costs, housing affordability) and by dissatisfaction with tariffs, the Iran war, and unchecked presidential power. The pressures behind those votes are documented in current data: a median income household needs 34 percent of its income for the payment on a median priced new home, construction faces 50 percent tariffs on key Canadian materials and a workforce that is 26.3 percent foreign born, and renters entered the election already strained. What changes in 2027 is not yet written: tariff rollback bills sit in the current Congress, the data center bill only opened debate on November 9, and Democratic majorities still face the veto and the Senate's 60 vote rule, so gridlock, narrow cooperation, and regulatory uncertainty are scenarios to watch, not outcomes to assume. Trump Loses Congress as America's Real Estate Industry Faces a...