Marketplace Trump aims axe at community lender fund
11 snips
Apr 24, 2025 The potential elimination of crucial funding for community lenders raises concerns for local banks. Learn about how tariffs and consumer stress are shaping purchasing habits and affecting major brands. Discover the decline in apartment construction in the Sun Belt and the hurdles developers face in central Texas. A heartfelt journey of homeownership illustrates the challenges of balancing family health with financial ambitions. Plus, insights into economic trends and the rise of competition in the tech landscape.
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Tariffs Shift Consumer Behavior
- Consumers expect prices to rise due to tariffs and have begun rationing household staples.
- This shift in consumer behavior signals growing financial pressure and uncertainty in the market.
History Warns on Tariffs
- Historically, import substitution policies with high tariffs led to isolated, inefficient industries.
- Many countries faced stagnation and slow growth, illustrating risks of protectionism like current U.S. tariffs.
Apartment Construction Cooling
- Apartment construction boomed during the pandemic but has since slowed due to tighter loans and reduced rent growth.
- This decline may worsen housing shortages, causing rents to rise again in the future.