Tom Price: “our economy is continuing its move up, with the housing market in the driver's seat. Since the 1990s, the housing market…”

“our economy is continuing its move up, with the housing market in the driver's seat. Since the 1990s, the housing market has been on the rise, and last quarter this increase was even bigger, reaching record-breaking growth. This is good news and something that we all should applaud. Mr. Speaker, this housing boom should be creating a lot of news, and there are a few facts that you may not have seen in your morning paper. New homeowners have been able to build hundreds of billions of dollars in equity in ownership. Consumer spending has increased, putting more and more dollars back into our economy. New jobs, that is an increase in jobs, has occurred in each of the last 25 months. And, of course, the increased rate of homeownership to record levels have helped millions of Americans realize the American dream. With a stronger economy and an increase in jobs, the trend of continuous economic growth should only grow stronger in the months ahead. As we approach Thanksgiving, we should all give thanks for the incredible opportunities we have in our Nation, opportunities that give every American greater hope and optimism about their future. ____________________”