January 25, 2025 - 16:15
Despite ongoing challenges in the housing market, real estate expert Larry Connor believes that the Trump administration is uniquely positioned to tackle these issues. Connor, the founder of The Connor Group, outlines a three-step approach that could potentially revitalize the housing sector.
First, he emphasizes the need for deregulation, arguing that reducing bureaucratic hurdles can accelerate the development of new housing projects. By simplifying the approval process, more homes can be built in a shorter timeframe, helping to alleviate the current shortage.
Second, Connor advocates for tax incentives aimed at both developers and first-time homebuyers. These incentives could stimulate investment in affordable housing projects and make homeownership more accessible for many Americans.
Lastly, he suggests a focus on public-private partnerships to leverage resources and expertise from both sectors. By collaborating, the government and private developers can create innovative solutions to meet the growing demand for housing.
Connor’s insights highlight a potential path forward in addressing the pressing housing crisis.
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