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Started By
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re: DJT - “I don’t want to drive housing prices down. I want to drive housing prices up.”
Posted on 1/29/26 at 2:14 pm to TigahJay
Posted on 1/29/26 at 2:14 pm to TigahJay
quote:What's terrible about it? I bet you pay 8-10 bucks for a cup of coffee you could make at home for 20 cents.
with terrible economic policies.
5
Posted on 1/29/26 at 2:15 pm to Jon A thon
quote:
The true value of our homes isn't what's changing. The value of the dollar is what's changing.
That assumes an even impact of inflation when housing specifically does not reflect that, especially compared to the impact of inflation on wages.
Posted on 1/29/26 at 2:16 pm to Jugbow
quote:
No you’re a panican for sharing a tweet which doesn’t give the full context of the discussion. You’re nit picking over a tweet on something you didn’t watch.
Slop.
Posted on 1/29/26 at 2:16 pm to RollTide4547
quote:
I bet you pay 8-10 bucks for a cup of coffee you could make at home for 20 cents.
Nobody has won the NIH award harder than you just did
Posted on 1/29/26 at 2:19 pm to RollTide4547
quote:
What's terrible about it?
Everything… where does Trump think the money will come from to buy a house if prices rises but wages are stagnant???… Trump clearly speaking from a point of view of a real estate developer not a President
Posted on 1/29/26 at 2:19 pm to lepdagod
quote:
where does Trump think the money will come from to buy a house if prices rises but wages are stagnant???
100-year mortgages
Posted on 1/29/26 at 2:20 pm to Errerrerrwere
quote:
Errerrerrwere
Sorry you can’t afford a home groyper
Posted on 1/29/26 at 2:22 pm to TigahJay
Not many Boomers are in starter homes.
He should make this distinction.
He should make this distinction.
Posted on 1/29/26 at 2:23 pm to Jugbow
quote:
Do you not own a home, what specifically are your concerns?
Some people care about other citizens
Some people are pieces of shite like you
Posted on 1/29/26 at 2:24 pm to Powerman
quote:
Some people care about other citizens Some people are pieces of shite like you
This post was edited on 1/29/26 at 2:28 pm
Posted on 1/29/26 at 2:28 pm to Jugbow
I’m just jumping in so someone may have said this. I have 2 children about to get married. I hate this for them. It is absolutely ridiculous to have a 50 year mortgage for a home. Just my opinion, this is setting young couples up for failure.
Posted on 1/29/26 at 2:29 pm to Powerman
quote:
Some people care about other citizens
This is cute considering your entire squad seemingly does not. They do care greatly about paying billions for non citizens and fraud though, which probably do wonders for housing prices
Posted on 1/29/26 at 2:31 pm to SlowFlowPro
quote:Don't even know what this means. Go frick yourself loser.
Nobody has won the NIH award harder than you just did
Posted on 1/29/26 at 2:34 pm to RollTide4547
quote:
What's terrible about it? I bet you pay 8-10 bucks for a cup of coffee you could make at home for 20 cents
I am so fricking sick of caffeine addicts whining about housing problems
Give up the silly luxury vice and maybe you could afford a house
Posted on 1/29/26 at 2:34 pm to TigahJay
I own 4 homes and may be a tad biased, but I like his thinking.
Posted on 1/29/26 at 2:36 pm to TigahJay
Holy shite you are a fricking moron.
Posted on 1/29/26 at 2:40 pm to TigahJay
quote:
Clearly he doesn’t want to lower housing prices, he’s discussed his viewpoint several times.
How much do you think housing prices will go down?
The best you can hope for is that they slow down and paychecks go up.
That's all there is to it.
Posted on 1/29/26 at 2:41 pm to DMAN1968
quote:
The best you can hope for is that they slow down and paychecks go up.
The best I hope for is a 25% further decrease in national housing prices.
I'll consider 15% reasonably adequate.
Posted on 1/29/26 at 2:44 pm to SlowFlowPro
quote:What a stupid friggin moron you are. The idea behind the 50 year mortgage is to qualify for the loan. When I got all of my mortgages, the bank looked at our total gross monthly income. Then calculated that our total loan payments could be 40% of that. A couple making 10k a month could have a max of 4K in payments. IF that couple has 2 car payments totaling 1K, 2 student loans totaling 800 and credit cards totaling 300. That's 2100 right there. So the maximum 30 year mortgage payment they could qualify for is 1900 (principal and interest). A 350K mortgage at 6% (principal and interest) for 30 years has a payment of $2098. The couple could not qualify. That same home/interest rate on a 50 year mortgage would be 1842 and the couple could qualify. Once they lock in the price of the home, any increase in the home value is then equity. If the 350K home goes up 4% a year, they are getting 14K plus in equity. In 5 years they'd have 80K or in equity toward the purchase of another home. Something they'd be hard pressed to do simply saving.
100-year mortgages
If the couple pays the 2098 payment, then the loan will pay off in 30 years instead of 50. ANYONE who pays the minimum payment on a mortgage, if they can pay more is stupid.
This post was edited on 1/29/26 at 2:48 pm
Posted on 1/29/26 at 2:48 pm to RollTide4547
quote:
What a stupid friggin moron you are. The idea behind the 50 year mortgage is to qualify for the loan.
Wouldn't it be easier for normal people to qualify for loans if the price of housing decreased?
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