Trump's rumored housing emergency would be a 'game-changer,' key GOP lawmaker says
Fox News
House Main Street Caucus Chair Mike Flood says President Donald Trump declaring a housing emergency would be a "game-changer," as affordability issues soar nationwide.
Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
"When you have a housing shortage and a supply issue, it pushes up valuations, which pushes up your property taxes, because your valuation goes up. It pushes up home insurance premiums because the value of your home is more expensive if there was some kind of a claim," Flood explained. Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
"So the president of the United States putting his thumb on the scale and saying that housing is in a crisis situation, and it's an emergency – that changes the entire conversation."
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