Canfield Press <span>Blog</span>

Canfield Press Blog

 

 

 

U.S. Housing Policy Outlook

“It has been a rocky and tough year,” said Stuart Pratt, CoreLogic’s Global Head of Public Policy and Industry Relations at CoreLogic. “…I think this hyper-partisanship will continue going carrying forward into this second session. …Layered into that  of course  is the fact that this is an election year …which injects more politics into the process  than  might normally be the case. …I do think there is a chance for GSE reform. …A whole series of hearings has  ben  held. …There’s been, I think, a decent tennis match of ideas going on between Democrats and Republics. …It’s not clear to me that housing finance reform is easy…”   


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Posted: February 21st, 2018 | Permalink

Judgment Day for Public Unions

“Public­sector unions are powerful political actors because they’re organized—largely by government, which solves the unions’ collective­action problem by forcing all workers to pay them,” wrote City Journal’s Daniel DiSalvo. “…In sum, these unions have gotten organized not because public workers demanded it but mostly because government has encouraged such organization. In the process, government has trampled on some public workers’ rights and fueled the rise of a muscular progressive interest group. The result is an imbalance of political power, with disastrous fiscal consequences for many states and cities."


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Posted: February 21st, 2018 | Permalink

Access and Affordability in the New Housing Finance System

In a new white paper, Urban Institute assesses how well the multi-guarantor system proposed in the draft under discussion in the Senate Banking Committee would serve low- and moderate-income (LMI) households. UI’s analysis concludes that the multi-guarantor system would do considerably better than today’s housing finance system. “The bottom line is that the proposed system provides considerably more and better-targeted support to assist LMI households,” wrote Urban Institute’s Jim Parrott, Michael Stegman, Phillip Swagel and Mark Zandi. 


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Posted: February 20th, 2018 | Permalink

The Future of Automotive Innovation

“Automation and the shared economy will change how the entire commuting model works,” wrote Visual Capitalist. “Meanwhile, an increased penetration of EVs will have an impact well beyond the engine, as charging infrastructure needs to be added, battery supply chains need to be created, and as legacy auto parts become obsolete. While these transitional changes take place, the auto market is expected to jump from $3.5 trillion (2015) to $6.7 trillion (2030) in total size—and a whopping 30% of the revenue will come from new services that don’t even exist today.”


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Posted: February 16th, 2018 | Permalink

A Closer Look at President Trump’s Infrastructure Proposal

“[On February 14,] the White House released its long-anticipated, 53-page infrastructure proposal,” wrote CEI’s Marc Scribner. “…The proposal has some elements that will appeal to free market fiscal conservatives. Others, not so much. Free marketeers will like the enhanced flexibility of states and the emphasis on non-federal dollars. They will dislike the planned net infrastructure spending increase and a failure to grapple with existing problems that have long plagued infrastructure policy in the U.S.”

 


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Posted: February 15th, 2018 | Permalink

Household Debt Hits All Time High


Aggregate household debt increased by $193 billion (1.5%) to a new all-time high on 12/31/17.  

 


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Posted: February 14th, 2018 | Permalink