re: If trump wins I think housing rates will drop

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Look at the inflation rates from about '74-'83.

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I wasn't around in those years so I can't really say for certain but I'm talking more along the lines of a house that was bought for 100k in 1992 selling for 300k in 2019 and being worth 475k in 2024. 5-8% of that number is a huge deal for anyone trying to enter the homeowner market. I'm not saying it's wrong, i'm saying it's damn near impossible for young people to own that first home. , Just for example if an accountant and a teacher were to meet in college and get married they would have a first year combined income of around 120- 150k roughly. They as successful young people wouldn't be able to swing my house while being much more successful than a large majority of people that live here because they bought 30 years ago. I understand inflation.I also understand fair market value, But aside from moving to the slums for a while they would face a tone of challenges. Again not the end of the world just my input