US Housing Market Is 'Not Just Broken, It's Rigged,' Says Craig Shapiro As Mamdani Vows To Build 200,000 Publicly Subsidized Homes, Freeze Rent In NYC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Source: Benzinga
Housing Market Overhaul: Craig Shapiro advocates for a national housing policy reform, arguing that the current U.S. housing market is overly subsidized and politically manipulated, benefiting homeowners and investors while neglecting renters.
Proposed Solutions: Shapiro's "Great Housing Reset" includes phasing out mortgage interest deductions, eliminating tax advantages for investors, and redirecting federal support from homeowners to renters through universal housing vouchers to create a more equitable housing market.
Analyst Views on SCHH
Wall Street analysts forecast SCHH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SCHH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 21.540
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
