Blackstone Group LP Chairman and CEO Steve Schwarzman said he expected to see a "very substantial reversal of regulations of all types," for the financial sector
We need a few years of above-normal construction activity, say 1.7 million housing starts per year to see a slight rise in vacancy rates to help lessen the rent growth pressure and bring the inventory of homes for sale to a more balanced market.
The 2017 housing market will be a year of slowing, yet moderate growth, set against the backdrop of a changing composition of home buyers and a post-election interest rate jump.
