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Trump wants to cut regulations on home builders to cut costs
Posted on 9/5/24 at 4:33 pm
Posted on 9/5/24 at 4:33 pm
Video below of his speech on the matter.
My only question is.. if this is successful, which I think is a net positive, wouldn’t that tank the housing market if implemented?
If new houses come on the market for 30-40% less money, then existing home prices will go down correct?
My only question is.. if this is successful, which I think is a net positive, wouldn’t that tank the housing market if implemented?
If new houses come on the market for 30-40% less money, then existing home prices will go down correct?
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Posted on 9/5/24 at 4:35 pm to Yaboylsu63
quote:
wouldn’t that tank the housing market if implemented?
How so?
Posted on 9/5/24 at 4:39 pm to Yaboylsu63
quote:
Trump wants to cut regulations on home builders to cut costs
Why do that when you can just give everyone money for a down payment?
Posted on 9/5/24 at 4:41 pm to Yaboylsu63
I don’t see a problem with this
Next he can get rid of DEF requirements for diesel vehicles which and nothing but a fricking scam
Next he can get rid of DEF requirements for diesel vehicles which and nothing but a fricking scam
Posted on 9/5/24 at 4:41 pm to Yaboylsu63
NY and Calif. have so many regulations and slothful building departments, that it takes many added months to build anything.
Unfortunately, most of that is local at town and county level.
Unfortunately, most of that is local at town and county level.
Posted on 9/5/24 at 4:41 pm to Yaboylsu63
quote:
If new houses come on the market for 30-40% less money, then existing home prices will go down correct?
Yes
Also, aren't most of these regulations local/state ones?
Posted on 9/5/24 at 4:44 pm to jamboybarry
First off home prices are far too high.
It sucks to be coming into the market these days.
But you have millions & millions of homes purchased at these elevated prices.
If new homes come on the market en masse at 30-40% less due to lower regulations, then would that shift the market price for homes down?
and if it did make the market trend down, people would have negative equity in their homes in that case?
I’m not super smart so I’m trying to work this out.
It sucks to be coming into the market these days.
But you have millions & millions of homes purchased at these elevated prices.
If new homes come on the market en masse at 30-40% less due to lower regulations, then would that shift the market price for homes down?
and if it did make the market trend down, people would have negative equity in their homes in that case?
I’m not super smart so I’m trying to work this out.
Posted on 9/5/24 at 4:44 pm to charliemurphy69
quote:
Next he can get rid of DEF requirements for diesel vehicles
Just get it deleted. If the military orders a f250 etc. it comes factory deleted. If it’s good enough for them it’s good enough for me.
Posted on 9/5/24 at 4:46 pm to charliemurphy69
quote:
Next he can get rid of DEF requirements for diesel vehicles which and nothing but a fricking scam
Trump pledged to cut 10 old regulations for every 1 new one.
Sounds like a plan.
Posted on 9/5/24 at 4:47 pm to Yaboylsu63
Regulations need to be cut, prices need to come down.
So you'll only make 20% on your home instead of 40%.
We need affordable housing for young couples, it's out of control.
So you'll only make 20% on your home instead of 40%.
We need affordable housing for young couples, it's out of control.
Posted on 9/5/24 at 4:47 pm to killedbyindians
When deleted it’adds a louder noise when it drives. Fuk that
Posted on 9/5/24 at 4:47 pm to jamboybarry
quote:
How so?
If the results are what is claimed how could it not tank the existing home market?
Posted on 9/5/24 at 4:48 pm to Yaboylsu63
quote:
If new houses come on the market for 30-40% less money, then existing home prices will go down correct?
Price would be cheaper to build new homes and cheaper to buy existing homes.
Posted on 9/5/24 at 4:49 pm to Yaboylsu63
quote:
If new houses come on the market for 30-40% less money
There is next to a 0% chance of this happening btw
Posted on 9/5/24 at 4:50 pm to LSUbest
quote:
So you'll only make 20% on your home instead of 40%.
Yea, frick peoples’ largest investment.
Posted on 9/5/24 at 4:50 pm to shoelessjoe
quote:
Price would be cheaper to build new homes and cheaper to buy existing homes.
Which would of course cause a complete housing crash leaving many new buyers underwater on their mortgage
Posted on 9/5/24 at 4:51 pm to roguetiger15
quote:
Yea, frick peoples’ largest investment.
Yea, frick people trying to start a life.
Posted on 9/5/24 at 4:51 pm to Yaboylsu63
Does anyone build actual “starter homes” anymore (1500 sq ft, ranch, siding, 3/2, builder grade everything, 1/4-1/2 acre yard)?
To me this is the problem in the housing market.
To me this is the problem in the housing market.
Posted on 9/5/24 at 4:52 pm to LSUbest
quote:
Yea, frick people trying to start a life.
You don’t need a house to have a life
This post was edited on 9/5/24 at 4:52 pm
Posted on 9/5/24 at 4:52 pm to Yaboylsu63
quote:
If new houses come on the market for 30-40% less money, then existing home prices will go down correct?
Probably but is the status quo working? If young people don't see a future then the working class will continue to check out.
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