AOC wants a $30 billion annual budget to address housing affordability crisis | Fox Business Video
Congresswoman Alexandria Ocasio-Cortez has proposed a $30 billion annual budget to combat the housing affordability crisis in the United States. The plan aims to address increasing housing costs and provide financial relief for those struggling to afford homes.
Stock Forecasts
ITB
Positive
Investing in companies focused on housing development, affordable housing initiatives, or related sectors could benefit from increased government funding aimed at alleviating housing issues.
VNQ
Negative
Real estate investment trusts (REITs) may face pressure if the proposed budget primarily focuses on government-subsidized housing and decreases demand for market-rate rentals, potentially impacting their stock prices.
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