Senator Markwayne Mullin sure is quiet on signalgate and approval of Pete Hegeseth whom he confirmed so very quickly without properly vetting him and he serves on Senate Armed Services Committee. Crickets.

Taxpayer subsidies of developer profits for building in known floodplains must end now.

This lack of guardrails allows for development to be built in areas where it shouldn’t be. This undermines NFIP's long-term fiscal sustainability. Why do Realtors care about this? Because we are looking out for the consumers. The NFIP is struggling financially to stay afloat. Pun intended.

So what happens is the NFIP will cover the property. This is about the bigger picture. This allows privatizing profit for developers, while forcing community-wide risk of losses on homeowners (especially those in lower-risk zones) & on taxpayers.

Let’s talk about flood insurance and Developers/Builders who knowingly, purposely build in flood prone areas. You should know that the National Flood Insurance Program (NFIP) is tax-payer funded. And when a Developer builds in a high flood risk area, since there are no guardrails at the NFIP.

100% in Oklahoma

What’s up Oklahoma?

Not sure if she is reputable, but $100,000 punishment is absurd.

Oklahoma school districts rely heavily on federal funding. Meanwhile our state legislature wants to transition getting away from the federal funding but has no means or measures to make up for the loss of federal funding. Instead they are looking to reduce state taxes and get rid of departments.

But also, Oklahoma City for example has now crossed the 50% threshold of majority renters vs homeowners.

Public pensions, for example are invested in hedge funds and say a hedge funds purchases a real estate development/neighborhood full of rented out homes. If there is an economic downturn, people losing jobs, that means those hedge funds will lose income, as well as those pensions. Too risky.

HUD Secretary Nominee Scott Turner is supportive of private equity in the housing market. There’s a reason Dodd-Frank “The Volcker rule” exists that says banks cannot invest, sponsor, or own hedge funds or private equity. The same should apply to real estate because…