The bipartisan legislation was crafted in both chambers and must now pass the House. It seeks to build more homes and prevent large investors from out-bidding families.

The Senate voted overwhelmingly on Monday to pass a sweeping housing affordability bill aimed at lowering costs, putting Congress on the brink of a rare bipartisan victory in Donald Trump’s second term.

The vote was 85-5.

The legislation, which makes it easier to build homes and slaps limits on Wall Street investors from buying up houses, now goes to the House, which hopes to vote on it in the next few days. Then, it would go to Trump’s desk to be signed into law.

  • trackball_fetish@lemmy.wtf
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    1 day ago

    I’m not sure why you’d want to advocate for Republicans fucking the economy and stock market simultaneously

    • VoodooAardvark@lemmy.zip
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      1 day ago

      You think that’s the chart for S&P, Dow, and Nasdaq?

      To be sure - the stock market is not a good measure of economic health. Nor do I disagree that what you and the people you know are experiencing as your lived experience. But whatever that is, it’s some historical cherry picked chart that is not YTD performance of the major indexes.

      • trackball_fetish@lemmy.wtf
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        1 day ago

        That’s exactly what it is. Nowhere did I say it was current. Perhaps this will refresh your memory:

        It has bright colors, maybe what’s left of your brain can figure it out

        • VoodooAardvark@lemmy.zip
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          1 day ago

          I can see where this is going. I don’t disagree that just about everything is in worse shape than I’ve ever seen it, but don’t look at the stock market to help substantiate your claim. People with the excess cash to invest are doing just fine. Good luck out there ✌️🕊️

          • trackball_fetish@lemmy.wtf
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            1 day ago

            You didn’t address a single fucking thing because you have next to no understanding of the economy or stocks in general. If you did you would know exactly what that graph was by the date. The indexes hit their lowest low since 2020 due to the presidents continuous pump schemes. Stocks may look okay currently but its completely artificial, you’ll figure that out when it goes tits up again. Hopefully you go completely broke. I straight up wish the worst for your future. Good luck you troglodytic fuck ✌️🖕