Trump: Suburbs Will “No Longer Be Bothered” By Low-Income Housing

President Trump said Wednesday that his recent action to rescind an Obama-era housing rule will keep low-income housing out of the suburbs. “I am happy to inform all of the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood,” Trump Tweeted, follow it up with: “Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!” …Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!— Donald J. Trump (@realDonaldTrump) July 29, 2020 Last week, Trump rescinded President Obama’s…

What Is The Future Of Business Districts?

Although downtown business districts are struggling due to continued economic lockdowns and questions about safely reopening offices, the long-term outlook for these areas appears to be in good shape. Business districts are likely to look different, though, as employers adjust to technological advances and a desire from employees to shift away from the traditional model to one that allows more flexibility for telework and work from home. A report from CBRE, a real estate firm that conducts significant research in its sector, indicates that people will want more flexibility with remote work but that at some point, employees will return to a traditional office environment.  “The pandemic has created unprecedented opportunities and challenges for commercial real estate occupiers that likely will usher…