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Search resuls for: "Collin Levy"


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How to Make Housing Less Affordable
  + stars: | 2023-05-09 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson, Collin Levy and Dan Henninger Images: Zuma Press/San Francisco Chronicle/AP/ Composite: Mark KellyThe Biden Administration’s regulatory onslaught continues, with almost no media coverage about the costs or consequences. A case in point is a new Department of Energy rule due to hit on May 31 that will make manufactured homes less affordable. Some 22 million Americans live in manufactured homes, often called mobile homes, and their median household income is $35,000 a year. The average cost of a manufactured home ranges from $72,000 to $132,000, compared to $365,000 for a traditional house. Manufactured homes were about 9% of new single-family home starts in 2021, providing more than 100,000 affordable homes.
Spinning Federal Mortgage Fees
  + stars: | 2023-04-28 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Mene Ukueberuwa, Collin Levy and Dan Henninger. Images: AP/AFP/Getty Images/Zuma Press Composite: Mark KellyChanges to the Federal Housing Finance Agency’s mortgage pricing are creating a stir in the marketplace, not that the bureaucracy wants to admit it. The changes, which take effect Monday, raise costs for some good-credit borrowers while making mortgages cheaper for low-income borrowers. We highlighted the changes in a recent editorial, and FHFA Director Sandra Thompson objected to our characterization that the plan will socialize mortgage-lending risk. Ms. Thompson says the new policy “won’t impose higher fees on higher-credit-score borrowers than on lower-credit-score borrowers, all else equal.” She says some borrowers with higher credit scores may even pay less.
The Pentagon Tilts at Windmills
  + stars: | 2023-04-26 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Mene Ukueberuwa, Collin Levy and Dan Henninger. Witness how the Department of the Interior rolled over Pentagon warnings that offshore wind installations in the mid-Atlantic could interfere with military training. President Biden has set a goal of generating 30 gigawatts of offshore wind power by 2030. Waters off the coasts of North Carolina, Virginia, Maryland and Delaware are prime real estate for wind farms because they are relatively shallow. But they are also training grounds for the Navy and Air Force, including North Carolina’s Dare County bombing range.
Et Tu, Juan? Clarence Thomas’s Fickle Friends Pile On
  + stars: | 2023-04-26 | by ( James Taranto | ) www.wsj.com   time to read: +1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Mene Ukueberuwa, Collin Levy and Dan Henninger. Images: AP/AFP/Getty Images/Zuma Press Composite: Mark KellyMitt Romney once complained that Barack Obama didn’t play fair. “I’ve been disappointed in the president’s campaign to date, which is focused on character assassination,” he told reporters in May 2012. “If the reports are accurate, it stinks,” Mr. Romney said. “I don’t have to explain more than that.” But the reports contained many inaccuracies, as I documented last week.
Biden Is Desperately Seeking Trump
  + stars: | 2023-04-26 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Mene Ukueberuwa, Collin Levy and Dan Henninger. Images: AP/AFP/Getty Images/Zuma Press Composite: Mark KellyPresident Biden’s re-election announcement video on Tuesday was unusual, if not surprising. The early scenes are less about Mr. Biden’s record, and the sunny uplands of second-term hope, than they are about Donald Trump: images of the Jan. 6 riot, Trump signs, and a reference to “MAGA extremists.”The video betrays a little too obviously what Democrats and the press know but don’t like to admit in public: Mr. Biden desperately wants a rematch with Donald Trump. He doesn’t want to run on his own record. He wants to run one more time by stoking fear about what might happen if the former President returns to the Oval Office.
Democrats Seek the House via Wisconsin’s Supreme Court
  + stars: | 2023-03-25 | by ( Collin Levy | ) www.wsj.com   time to read: 1 min
Political campaigns are often expensive and tawdry, but judicial races used to be different. They tended to be low-profile and genteel, decided primarily by the small portion of the population familiar with the candidates. That model has been blown up in Wisconsin, where a state Supreme Court race has become a splashy national affair. The technically nonpartisan contest between liberal Milwaukee County Judge Janet Protasiewicz and conservative former Justice Daniel Kelly will determine the balance of the Badger State’s highest court. The race has dragged in about $30 million so far, smashing records and permanently altering the way judicial campaigns are run.
Is It Too Late to Save Chicago From Progressive Misrule?
  + stars: | 2023-02-11 | by ( Collin Levy | ) www.wsj.com   time to read: 1 min
The Windy City is in unusually bad shape. Crime is up but the statistics don’t capture Chicagoans’ true concern about the collapse of public order. Taxes are high, pensions are underfunded, businesses are leaving, and unions are gaining unprecedented power in a city they already dominate. One candidate wants a tax on the suburbs; another proposes a “public bank.” But the issue that really matters is crime. Voters want to know: Is anyone here going to save the city from its slow-motion demise?
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