'So Goes Housing, So Goes the Economy,' Rep. Ralph Norman Says
For many Americans, buying a home is one of their greatest financial goals. And, according to Rep. Ralph Norman, R-S.C., the health of the economy is tied directly to Americans' ability to purchase real estate.\xa0\n\u201cSo goes housing, so goes the economy,\u201d Norman says. \u201cThe reason that is, you have over 130 trades [involved in the real estate market] from the architect that draws the plans\u2026 to the sheetrock hanger, to the plumber, to the electrician, and the list goes on and on.\u201d\xa0\nWhen the real estate begins to stabilize, the economy will improve over all, he says. \n\u201cWe know the path that we're on is not sustainable,\u201d the congressman says, adding that it will \u201ctake all hands on deck to turn it around.\u201d\xa0\nNorman joins \u201cThe Daily Signal Podcast\u201d to discuss the future of America\u2019s economy and real estate market. He also explains how America can strategically end its dependence on China.\xa0\nAlso on today\u2019s show, we cover these stories:\n\nThe consumer price index rose 8.5% since last July.\n\nFormer President Donald Trump invokes his Fifth Amendment rights during a deposition with New York Attorney General Latisha James' office.\n\nThe Justice Department charges an Iranian operative for plotting to assassinate former national security adviser John Bolton.\n\n\nEnjoy the show!\n Hosted on Acast. See acast.com/privacy for more information.