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February 21, 2017

Trump’s Anti-Immigration Regime Takes Shape

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Homeland Security chief John Kelly issued a memo to department leadership Monday, outlining how agencies will implement anti-immigration executive orders given last month by President Trump. The guidance broadens the criteria of individuals eligible for removal from the country. It also loosens restrictions on immediate deportations, and orders Department of Homeland Security (DHS) offices to reallocate funding away from immigration advocacy programs. The move also allows for the hiring of 10,000 more Immigration and Customs Enforcement (ICE) agents, and for the dismantling of safeguards erected for undocumented immigrants during…

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Homeownership Rate Lowest Since L.B.J. Era, Years After Subprime Meltdown

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Data released this month by the Census Bureau show that homeownership is increasingly unavailable to Americans, years after the Great Recession. The rate of homeowners in the US fell in 2016 to 63.4 percent from 63.7 percent, marking the lowest it has been since 1967. Prospective buyers, meanwhile, got no relief from the market last year, with the vacancy rate down and the median asking price up at to $167,700–the highest it has been since the post-2008 housing price recovery began in 2011. Though the…

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