Sentences with phrase «house effect in»

George H.W. Bush said he was going to fight the greenhouse effect with the White House effect in the 1980s.

Not exact matches

In effect, Ottawa has bailed out Canada's banks in advance of any future housing catastrophIn effect, Ottawa has bailed out Canada's banks in advance of any future housing catastrophin advance of any future housing catastrophe.
«I think we can see... the effect of lessons they learned from the first Abe administration, which gave up mid-stream,» said Tetsuro Fukuyama, an upper house lawmaker whose Democratic Party of Japan (DPJ) ousted Abe's Liberal Democratic Party (LDP) in 2009, only to be crushed themselves at the polls in December.
Meanwhile, measures to rein in home prices are also taking effect in Hong Kong where house prices fell 0.6 percent on - year in June.
The combined effects of discrimination in labor, housing, and education have compounded the struggle for wealth among communities of color.
But as the housing finance industry continues to absorb the effects of the housing bust and the subsequent regulatory response, lenders are still gun shy about getting involved in residential real estate.
On the other hand, fiscal belt - tightening seems to have offset the housing stimulus effect on employment, with the sequester leading to decline in the commercial sector despite a pick - up in residential projects.
Seattle's City Council on Friday released new draft legislation that would tax large employers in order to raise $ 75 million next year to counter the effects of rising rents and house prices.
But it looks like prices have moved far past our ability to support them, while housing remains subdued in terms of the number of homes sold, its contribution to GDP, and its effect on employment.
The tax, which takes effect Tuesday, was introduced by the British Columbia government with the intent of improving home affordability in Metro Vancouver, where house prices are among the highest in North America.
The state has since been bumped from the list by the Dominican Republic and Portugal, but still grapples with double - digit unemployment, the after - effects of the housing bubble and a US$ 1.3 - billion drop in income tax revenue in the first four months of this year.
The effects of sluggish exports and the housing markets» responses to stricter mortgage rules played a big role in the disappointing numbers, the bank said.
House leadership has vowed to create its own immigration bill, in effect rejecting any Senate bill even if it passes with a supermajority.
The rule never took effect as the wireless industry fought it in court and before an office in the White House that reviews regulations.
If there were to be a sudden weakening in the Canadian housing sector, it could have sizable spillover effects on other areas of the economy, it says.
As MIT professor Iqbal Quadir puts its, «the industry has given rise to ripple effects by increasing demand in housing, transport, insurance, entertainment and other industries.»
«It's difficult, in effect, to get away inside the White House with the press corps in the same building,» said Bruce Buchanan, politics professor at the University of Texas at Austin.
The company hasn't said whether it prefers to build downtown, as it has at its current headquarters in Seattle, or will opt instead for a suburban office park — a decision that could have significant implications for the project's effect on local housing costs.
The agency's job, in effect, is to unburden banks of their exposure to housing so they can lend more.
The jump in home prices in Stockton and neighboring Lodi — up about 92 percent over the past five years — is dramatic evidence of the ripple effects of the Bay Area's tight housing market and the increasingly out - of - reach cost of living here.
The New York Fed also reported that the regional housing sector had a less consequential effect on regional economic conditions than in other parts of the nation where housing played a more significant role in dampening economic activity.
As I note below, the housing bubble and its wealth effect offset this dynamic in the 2000s.
When the government imposes tighter requirements on mortgage insurance, for example, it likely reduces demand for housing, which may, in turn, have a negative effect on growth and inflation.
It would be easy to exaggerate the importance of this effect, because there were very large swings in the housing sector before deregulation, and asset - price booms and busts occurred even in the regulated world.
al (2015) to note that the positive effects of the housing bubble during the previous expansion were offset by an increase in the US trade deficit, and that bubbles were only modestly relevant in the late 1990s.
Trump also reportedly designed the NDAs so they're still in effect after he leaves the White House.
The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a lower tax rate would spark so much additional investment in the United States that it would bid up wages and leave the middle class better off through its indirect effects.
This analysis was complemented by VanCity's report this year on the serious effects of housing unaffordability on the retention of workers holding «in - demand» jobs (nurses, fire fighters, etc., even GPs).
The simple model under - predicts consumer spending in the 1990s, probably because of wealth effects spun off by the housing bubble, and over predicts in this recovery, but tracks consumer spending — 70 percent of the US economy — pretty well.
The House budget assumes savings and increases in economic growth that would reduce debt from its current level of 77 percent of GDP to 63 percent by 2027; ignoring economic effects, debt would fall more gradually to 73 percent in 2027 *.
Brian Graff, CEO of the American Society of Pension Professionals and Actuaries, stated that the White House on Monday «launched an attack on advisors and so - called «hidden fees» and «backdoor payments» by moving forward with a regulation that has its own hidden backdoor effect — keeping many Americans from working with the trusted advisor of their choice, even in the critical decision regarding rollovers from their 401 (k) and 403 (b) plans.»
The National Association of Plan Advisors charged that the «White House launched an attack on advisors and so - called «hidden fees» and «backdoor payments» by moving forward with a regulation that has its own hidden backdoor effect — keeping many Americans from working with the trusted advisor of their choice, even in the critical decision regarding rollovers from their 401 (k) and 403 (b) plans.»
Rising house prices and the accompanying wealth effect, courtesy of ballooning equity lines of credit, have kept the economy from faltering as business spending retrenches and exports disappoint — last year real estate was by far the largest contributor to GDP in seven of 10 provinces, including B.C. and Ontario.
If the White House follows through with plans to curtail Chinese scientists» involvement in intelligence and military - related research, there could be a chilling effect on US innovation.
After all, despite a slight cooling of the Vancouver housing market shortly after the foreign buyer tax came into effect in August 2016, the foreign buyer taxes has done little to really lower property prices in Vancouver.
The model also implies a feedback loop: high income inequality depresses the interest rates, facilitating the existence of housing bubbles, which in turn have regressive welfare effects.
First - order impact of more restrictive dollar - inflow into the U.S. will be seen in home sales and home prices data, although second - order effect would weigh on multifamily REITS as a sizable cohort of «involuntary renters» re-enter into the housing market as potential buyers (albeit without the balance sheet strength of Chinese buyers).
The US Federal Reserve today released its triennial examination of incomes and net worth of American households in the Survey of Consumer Finances. It shows the crushing effects on net worth of a housing and financial bust unparalleled since the great depression.
«At the start of 2018, it is still too early to determine the overall effect of the new tax legislation on housing, and we will need to see whether positive impacts on both housing demand and supply materialize in the coming months.»
The boom in housing construction over the last couple of years has also had flow - on effects to other parts of the economy, including construction - related manufacturing businesses.
U.S. Rep. Mike Johnson's bill is a step in the right direction to mitigate fraud while protecting legitimate asylum seekers, and the House should immediately act to pass H.R. 391, which will increase the evidence needed to meet the standard, and include it in any appropriations bill before Congress effecting homeland security.
But were Australia to enter at some stage a period of declining housing prices, it is likely that this equity withdrawal would be scaled back, or would possibly go into reverse, resulting in a cutback in spending, with a potentially destabilising effect on the broader economy.
«In 2014, when the New Democrats raised the alarm on the effect of foreign speculation on the housing market, it was Mike de Jong himself who quickly responded, saying he wouldn't do anything,» said Janet Routledge, MLA for Burnaby North.
The former effect reflects the narrowing of margins on housing and small business loans: the rate on standard variable rate housing loans has fallen by 1.3 percentage points more than the cash rate since mid 1996; in 1998, the average variable - rate on small business loans has fallen by 0.7 of a percentage point relative to the cash rate.
If these changes are to take effect in the 2015 taxation year, a «Ways and Means» motion must be introduced in the House as soon as possible, in order to give the Canada Revenue Agency (CRA) sufficient time to prepare new tax forms for taxation year 2015.
The growth in housing credit outstanding reflects the net effect of new lending and loan repayments.
The wider economic strength of the housing scenario in Britain had a knock on effect on all house building and related companies.
These factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.
House values in other cities surrounding the 87 metros likely rose as well, due to the «halo» effect of real estate market appreciation.
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