re: If trump wins I think housing rates will drop

But when you pair that interest rate with inflation it makes it very tough to do. I live in what i would say is a mostly blue collar neighborhood, lot of teachers, police officer type salary people live here if I had to guess. I bought my house for 300k in 2019. With inflation and a few minor improvements (new siding, master bath remodel, new pool heater etc.) The comps have my house value at over 450 now. I live in a dfw suburb so property taxes are high as well. With the inflation, property taxes and interest rate, my house would probably be close to a 4000 per month mortgage for a first time home owner loan with the minimal down payment. This house shouldn't cost that much.