News

A look at how tariffs, deportations and more of Trump’s proposals could affect housing costs 

Americans hand over a huge chunk of their paycheck for a roof over their heads. Policymakers are looking out for indications of what President-elect Donald Trump plans to do to ease housing costs next year after an election where voters were laser-focused on the economy.

Housing accounted for 32.9% of consumers’ spending in 2023, making it the largest share of consumer expenditures, according to the most recently available data Bureau of Labor Statistics. And that was an increase of 4.7% from 2022.

This year, many Americans still struggle to find affordable housing, whether they choose to rent or buy a home.

 

Leave a Comment

You must be logged in to post a comment.

News Catrgory Sponspor:


The Missoula Chamber of Commerce advances the quality of life in Missoula by advocating for a healthy, responsible & diverse business environment & by providing resources that help businesses succeed. Contact Sharon Morren, Director of Membership, [email protected] to join.

News Catrgory Sponspor:


Welcome to MEDA: Leadership Dedicated to Building Montana's Economy

News Catrgory Sponspor:


Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

News Catrgory Sponspor:


SBA 504 Loans offered statewide! Real estate and equipment, acquisitions, renovation, and new construction. Low, fixed-rates up to 25 years with as little as 10% down.

News Catrgory Sponspor:


The Kalispell Chamber of Commerce is the longest-standing and leading advocate for the Flathead Valley community and business climate.

News Catrgory Sponspor:


Big Sky EDA- Building Businesses and Creating Jobs in the Greater Billings, Montana area

News Catrgory Sponspor:


Great Falls trade area. Competitive for food, ag, bioprocessing, energy, and support. Closest U.S. metro area to Calgary. Untame Your Entrepreneurial Spirit!

News Catrgory Sponspor:


Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.