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New home expenses rise by $132K due to government regulations, according to a report.

New home expenses rise by $132K due to government regulations, according to a report.

As Americans face challenges in becoming homeowners, a recent report highlights that government regulations have been driving up the cost of new homes by about $132,000. The report reveals that the combination of soaring mortgage rates and limited housing inventory has made homeownership unattainable for many families. In fact, home affordability is currently the top […]

Ford’s EV Division Lost $1.3B in Q1 — That’s $132K per Car!

Ford’s electric vehicle (EV) division lost In the first quarter of 2024, it would be $1.3 billion, or a loss of $132,000 for every 10,000 EVs sold. Ford’s EV sales also fell 20% year over year, with “sales down 84% to approximately $100 million, which Ford attributes primarily to industry-wide EV price reductions.” Ford expects […]