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re: If trump wins I think housing rates will drop
Posted on 5/11/24 at 9:48 pm to bleedsgarnet
Posted on 5/11/24 at 9:48 pm to bleedsgarnet
If Trump wins, it will definitely be better for the economy and it should help with housing some, but it won’t be much.
The federal government can only do so many things on the demand side to help housing. Lower rates (Federal Reserve) and funding, or lowering energy standards and such for FHA financing.
Supply is the problem now, and that is set by local governments. Until local governments do what they need to do to increase supply (more permits and development approvals), the shortage will persist.
We have a supply problem now, and the Feds’ hands are largely tied.
The federal government can only do so many things on the demand side to help housing. Lower rates (Federal Reserve) and funding, or lowering energy standards and such for FHA financing.
Supply is the problem now, and that is set by local governments. Until local governments do what they need to do to increase supply (more permits and development approvals), the shortage will persist.
We have a supply problem now, and the Feds’ hands are largely tied.
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