President Donald Trump is privately raising concerns with a Senate-approved housing bill that his White House previously supported — and almost made his objections public late last week.
Scoop w/@meganmesserly@Jasper_Goodman@hapgoodreports
https://t.co/LnRGbWgxBZ
A former U.S. Solicitor General just put out a paper arguing that the ROAD to Housing Act is "constitutionally flawed thrice over."
It's not an easy read, full of legalese, but boils down to three key arguments:
1) It violates the Constitution's "takings" clause by forcing investors to sell most houses they build/buy after 7 years.
2) It violates the equal protections enshrined in the Fifth Amendment, discriminating against a particular group of people (those owning 350+ homes).
3) It's federal overreach into issues the Constitution grants to local control.
The paper was published in tandem with The Real Estate Roundtable. Link below.
🔉The Senate’s ROAD to Housing Act includes many provisions that should positively address housing shortages & reduce barriers to homeownership. However, the bill’s “forced sale” build-to-rent (BTR) provision raises serious Fifth Amendment concerns & should be dropped from the bill.
Read RER's analysis📰: https://t.co/KdwMeoX3oo
NEXT WEEK @davidfaber will speak with @ScottRechler and Bill Rudin about New York real estate, how they are positioning their portfolios and what’s next for New York at the #DeliveringAlpha summit.
Learn more and JOIN US: https://t.co/5lXv6BoXaA
I am humbled that my colleagues have placed their trust in me to lead @FinancialCmte as their next Chairman. It was a privilege to join my exceptional colleagues, @RepAndyBarr, @RepHuizenga, and @RepFrankLucas, in sharing our visions for this committee.
https://t.co/7XNgGrLRJy
We’re thrilled to join @lshemtov and American Friends of Lubavitch (Chabad) in DC for this year’s #LamplighterAwards! Congratulations to honorees House Speaker @MikeJohnson and RER's President & CEO @JDeBoer147 for their exceptional leadership and dedication to service. 🌟"
LIVE from the DNC - Jeffrey D. DeBoer President & CEO of The Real Estate Roundtable and Nykia Wright, CEO of The National Association of REALTORS take the stage for an executive conversation with POLITICO. https://t.co/RSxCgCnkIy
An absolutely beautiful speech from Mr John Fish, chairman and CEO of Suffolk Construction Company, the largest building company in New England. He addresses the terror attack in Israel and his support for Jews with the rise of antisemitism worldwide.
“Know this, I will always speak out for you, I will always support you, and I will always advocate for you.”
RIP John Cushman III - John was a real estate industry leader, legend, icon, titan. He also was a warm, hospitable, unique gentleman. I am deeply honored to have known him well called him my friend. RIP https://t.co/wV4NVyXwMW
2/2 “We’re doing that here in the federal government. The vast majority of federal workers will once again work in person.” See here at the 1:03:41 mark:
https://t.co/2tOiF3ahYW
1/2 Its been slow but @POTUS did say in his Feb. 2022 SOTU - “It’s time for America to get back to work and fill our great downtowns again with people. People working from home can feel safe and begin to return to their offices”.