Homeownership Re-enters Political Discussions

first_imgHome / Daily Dose / Homeownership Re-enters Political Discussions Governmental Measures Target Expanded Access to Affordable Housing 2 days ago While the two major party presidential candidates have not said much about housing policy in the months leading up to their parties’ respective national conventions, housing is suddenly moving up on the priority list of lawmakers and industry stakeholders.A group of lawmakers, policymakers, and thought leaders gathered in Philadelphia at the Democratic National Convention to discuss housing policy choices facing the next Congress and administration in an event titled “Under Construction: How Will the Next President Remodel Home Lending?” The group included two U.S. Congressmen, Rep. Brad Sherman (D-California) and Rep. Michael Capuano (D-Massachusetts); Anne Fadullon, Director of Planning & Development, City of Philadelphia; and Susan Wachter, Albert Sussman Professor of Real Estate, Professor of Finance, The Wharton School; Co-Director, Penn Institute for Urban Research, University of Pennsylvania.Increasing the U.S. homeownership rate, which is near a five-decade low, was a focal point of the discussion. Wachter tweeted, “24% of 18-24 yr olds are owners & an almost equal % are living at home w their parents..an historic high” and “We don’t have the option of doing nothing. . . Fannie and Freddie are on a timeline to closing.” The capital buffer for Fannie Mae and Freddie Mac is required to be reduced to zero by January 1, 2018, at which point taxpayers will be on the hook for any losses they may incur if they are still under conservatorship of FHFA. in Daily Dose, Featured, Government, News In order to encourage more first-time buyers to enter the housing market, Sen. Ron Wyden (R-Oregon) earlier this month that would provide first-time buyers with a refundable tax credit equal to 2.5 percent of the home’s purchase price for homes purchased for less than $600,000 (maximum credit of $10,000).Participants in the discussion were skeptical of this, however. Sherman tweeted about Wyden’s proposal, “To GOP ‘Tax credit to accomplish the same goal is a smaller sin’ than ‘spending money to help people.’” Nevertheless, he said, increasing the homeownership rate is critical, because “The way into the middle class for many people, including me, is homeownership.” Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribe Homeownership Housing Policy 2016-07-26 Kendall Baer Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Homeownership Housing Policy Previous: First-Time Foreclosure Starts Lunge to Lowest Levels Next: Land Records Research Webinar Offered By Nationwide Title Clearing Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News. Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Mortgage rates hovering above record low levels are helping the homeownership rate somewhat, but housing has been constrained by consistently low inventory. Not only that, the low rates are encouraging many who are already homeowners to refinance rather than move and buy another house. Still, “Anything that keeps interest rates on mortgages lower…that’s a salient political issue for homeowners,” Capuano tweeted.Homeownership remains an impossibility for some families for a variety of reasons, chief among them inability to save for a downpayment or bad credit (or no credit). Fadullon tweeted, “Huge % of our pop. for which homeownership is completely out of reach & they just want a place to call home” and “We have…an affordability issue combined w a poverty/income issue in Philly.” Servicers Navigate the Post-Pandemic World 2 days ago Share Save Homeownership Re-enters Political Discussions About Author: Kendall Baer July 26, 2016 1,038 Views last_img read more

Cuomo: Debates Can Be ‘Disservice to Democracy’

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York With less than a week to go before the primary, it doesn’t look like New Yorkers will get to witness a debate between Gov. Andrew Cuomo and his Democratic primary challenger Zephyr Teachout because, according to Cuomo, debates “aren’t always a service to democracy”—at least some of the ones he’s been in.The governor made this assertion following a press conference Tuesday about his recent trip to Israel with Assembly Speaker Sheldon Silver, a Democrat, and Senate Republican Majority Leader Dean Skelos (R-Rockville Centre). Cuomo has been mum on the issue despite repeated calls from Teachout to debate her in public about such issues as Common Core and fracking.Cuomo was reportedly asked about going face-to-face with Teachout, a Fordham Law professor.This is how he responded, according to New York Observer:“I don’t think it has anything to do with democracy. I think it has to do with individual campaigns—sometimes you have debates, sometimes you don’t have debates. It depends on the campaign, it depends on the issues, the level of issues, so there are a lot of variables…I’ve been in many debates that I think were a disservice to democracy—so anyone who says debates are always a service to democracy hasn’t watched all the debates that I’ve been in.”Lt. Governor-hopeful Timothy Wu didn’t mince words when he was asked about Cuomo’s views on debates.“I profoundly disagree with that idea, particularly in our race,” Wu said during a conference call with reporters in which he accused his primary opponent and Cuomo’s running mate Kathy Hochul of being disingenuous when it comes to her record as a true Democrat. “We’re [not] talking about people on the street coming in to debate with the governor; we’re talking about two qualified candidates,” referring to himself and Teachout.“That statement makes a mockery of the democratic process,” he continued. “It represents a theory of democracy that I do not recognize.”He then characterized the primary as “a battle for the heart and soul for the Democratic Party.”Hochul also has not agreed to a debate.Teachout’s campaign has been gaining steam in recent weeks as she’s tried to paint Cuomo as a right-leaning Democrat and herself as a progressive who supports blue collar workers and a defender of teachers.But it was Wu who perhaps received the biggest boost last week when the New York Times editorial board endorsed him for Lt. Governor over Hochul, a former congresswoman from Buffalo.Wu, a staunch defender of Internet freedoms, went BuzzFeed-y, rattling off a list of “seven things that a progressive Democrat doesn’t do.” Progressives, Wu said, don’t “vote multiple times to gut the Clean Air Act” and don’t receive an “A” rating from the NRA.Hochul last week pushed back on claims that she isn’t Democrat enough with a video in which she said it was an honor to serve in Congress “despite the politics in my district.”“In the most Republican district in the State of New York, I campaigned hard to fight the Paul Ryan-Tea Party budget that would have decimated Medicare and left our seniors out in the cold,” she said.“I never backed down from our core Democratic values: pro-choice, pro-marriage equality and pro-worker values,” Hochul continued. “I narrowly lost my re-election bid because I wouldn’t turn my back on the president and millions of Americans who deserve quality health care.”Plus, she said, she stands for the Safe Act (Cuomo’s gun-control law) and the Dream Act (a bill that would provide state tuition assistance for undocumented students). They “are the right stands to take,” she said.Cuomo also came to her defense.“Ask Nancy Pelosi about Kathy Hochul,” the governor said, according to Capital New York. “Ask Charlie Rangel about Kathy Hochul. She represented a district in upstate New York that had some very conservative areas, some areas more conservative than New York City, but she’s a progressive through and through, there’s no doubt about that.”Wu doesn’t seem convinced.“She has a record that she cannot walk away from,” he said.A debate would likely clear up the confusion.last_img read more

North Carolina E coli outbreak traced to petting zoo

first_imgDec 23, 2004 (CIDRAP News) – A recent outbreak of E coli O157:H7 infections was traced mostly to a petting zoo at the North Carolina State Fair, even though the zoo had posted signs and provided facilities to promote hand hygiene.The outbreak in October and November involved 108 likely and confirmed cases, many of them in children younger than 6 years, according to the North Carolina Department of Health and Human Services (NCHHS). The outbreak led to 15 cases of hemolytic uremic syndrome, a life-threatening kidney complication of E coli O157:H7 infection in children.After recognizing that most of the people with symptoms had attended the fair, investigators compared case-patients with healthy fair visitors to identify possible causes of the outbreak, the NCHHS said in a news release. The patients and controls were asked about exposure to the fair’s two petting zoos, other animal exhibits, food and drinks sold at the fair, and possible household sources of E coli.The comparison pointed to the Crossroads Farm Petting Zoo as the likeliest source of infection for most of the patients, officials said. Contact with manure at the petting zoo stood out as a risk factor: among children under age 3 who had visited the zoo, case-patients were more than seven times more likely to have had contact with manure than controls were.In an effort to prevent illness, the zoo had followed guidelines from an organization of public health veterinarians, which included posting signs and providing hand sanitizing stations, the NCHHS said. But information from interviews indicated that hand hygiene failed to protect people from infection.”Exposures from direct contact between petting zoo visitors and animals or manure might have already led to infection before hand-sanitizer use,” or patients might have picked up contamination on skin areas where subsequent hand cleansing failed to remove it, the department said.Laboratory tests supported the results of the case-control study. In 33 of the 43 confirmed cases, the E coli strain had the same DNA fingerprint (pulsed-field gel electrophoresis pattern) as E coli samples from the petting zoo. Testing of environmental samples from the petting zoo showed that most of the samples containing E coli O157:H7 came from areas where people could pet sheep and goats.The NCHHS concluded that most patients fell ill as a result of visiting the petting zoo, though some probably picked up the infection elsewhere at the fair.”In light of the investigation, we recommend restricting direct contact with animals, reducing fecal contamination, and reducing crowding in petting zoos in addition to existing recommendations to prevent future E. coli O157:H7 infections,” the NCHHS said, citing recommendations from the National Association of State Public Health Veterinarians (NASPHV). “These recommendations are particularly pertinent for young children and others with reduced immunity to infection.”The North Carolina outbreak is one of several E coli O157:H7 outbreaks linked to petting zoos or farms in recent years. A petting zoo in Ontario was found to be the source of 159 cases in 1999, and 51 cases were traced to a Pennsylvania dairy farm in the fall of 2000, according to the US Centers for Disease Control and Prevention (CDC).See also:April 20, 2001, CDC report on E coli cases associated with farm visits in Pennsylvania and Washington statehttp://www.cdc.gov/mmwr/preview/mmwrhtml/mm5015a5.htmlast_img read more