A broad housing bill that includes far-reaching efforts to reform the nation’s housing and financial markets was signed by President Barack Obama last week. Not included in the final version of the bill were two amendments sponsored by U.S. Reps. Nydia Velazquez (D-N.Y.) and Bob Filner (D-Calif.) and supported by U.S. Sen. Charles Schumer (D-N.Y.), which the National Multi Housing Council (NMHC) says could have an imperiling impact to multifamily operators and the multifamily lending space.
It's getting dangerous in the telecommunications arena as telecom companies try to preserve their existing markets and scramble for possession of voice, video and data market share in apartments. For some combatants, it's a chance to score new goals. For others, it's like playing sudden-death overtime.