CEO Connect: Tax reform failed to address desperate need for new construction

Redfin's chief economist Nela Richardson shared her insights during a special morning of programming at Inman Connect New York

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NEW YORK — “I think the miss on tax reform is that it didn’t include a provision that would spur residential housing construction, and that’s what the economy needs,” said Richardson during a CEO Connect session called “A New Year, A New Start? What’s Important, What’s Not?” Tuesday morning at Carnegie Hall. “We haven’t been all that innovative in housing policy for quite a while.”