interest rates

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #

Preston argued that outside corporations, such as investment giant Blackstone, are worsening the housing crisis by manipulating the market, while federal tariff policies keep mortgage rates high despite the Fed’s cuts. #cuts

Casto said small business owners cite challenges like revenue losses and higher rent prices, but many also point to higher interest rates. #rent #business #illinois