{"id":11676,"date":"2017-06-05T11:48:58","date_gmt":"2017-06-05T11:48:58","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=11676"},"modified":"2017-06-05T11:49:51","modified_gmt":"2017-06-05T11:49:51","slug":"president-trump-vows-strengthen-middle-class-housing","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/president-trump-vows-strengthen-middle-class-housing\/","title":{"rendered":"President Trump Vows to Strengthen Middle-Class Housing"},"content":{"rendered":"

President Trump Vows to Strengthen Middle-Class Housing<\/h2>\n

\"\"<\/a><\/p>\n

National Home ownership Month kicks off this month, and President Donald Trump is pledging to strengthen the middle class by reducing rules and regulations and cutting taxes that he believes will help them become homeowners.<\/p>\n

This year\u2019s theme for National Home ownership Month is \u201cFind Your Place in a New Era of Home ownership.\u201d<\/p>\n

“For generations of Americans, owning a home has been an essential element in achieving the American dream,” Trump wrote in a\u00a0proclamation<\/a>. “Home ownership is often the foundation of security and prosperity for families and communities and an enduring symbol of American freedom. These policies will unshackle our economy and create and sustain high-paying jobs so that more Americans have the resources and freedom they deserve to fulfill their American dream.\u201d<\/p>\n

Trump acknowledged many of the roadblocks young families and minorities are facing in saving up for a down payment and their struggle to access to credit. HUD Secretary Ben Carson at a recent forum on U.S. home ownership also addressed the challenges millennials are facing when trying to attain home ownership.<\/p>\n

“We recognize the abiding value of owning a home, and rededicate ourselves toward ensuring that every hardworking and creditworthy American enjoys a fair chance at becoming a homeowner,” Carson said in a statement.<\/p>\n

The nation\u2019s home ownership rate fell to 63.6 percent in the first quarter of 2017, down from 69.1 percent at the market\u2019s peak in 2005, according to U.S. Census data.<\/p>\n

Some housing experts are skeptical that Trump\u2019s policies will lead to more Americans being able to purchase homes. For example, Ken Johnson, a real estate economist at Florida Atlantic University in Boca Raton, Fla., pointed to Trump\u2019s proposal to double the standard deduction that taxpayers can use to lower the tax burden. He believes this could diminish the value of the mortgage interest deduction that homeowners use to lower their costs.<\/p>\n

\u201cThe larger standard deduction should noticeably minimize the demand for home ownership,\u201d Johnson says.<\/p>\n

Source: \u201cPresident Trump to Americans: Happy National Homeownership Month,\u201d realtor.com\u00ae (June 1, 2017)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

President Trump Vows to Strengthen Middle-Class Housing National Home ownership Month kicks off this month, and President Donald Trump is pledging to strengthen the middle class by reducing rules and regulations and cutting taxes that he believes will help them become homeowners. This year\u2019s theme for National Home ownership Month is \u201cFind Your Place in … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-11676","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nPresident Trump Vows to Strengthen Middle-Class Housing - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/president-trump-vows-strengthen-middle-class-housing\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"President Trump Vows to Strengthen Middle-Class Housing\",\"datePublished\":\"2017-06-05T11:48:58+00:00\",\"dateModified\":\"2017-06-05T11:49:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/\"},\"wordCount\":353,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2017\\\/06\\\/06052017.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/president-trump-vows-strengthen-middle-class-housing\\\/\",\"name\":\"President Trump Vows to Strengthen Middle-Class Housing - 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