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re: Trump announces home affordability plan

Posted on 11/8/25 at 8:10 pm to
Posted by uziyourillusion
Member since Dec 2024
314 posts
Posted on 11/8/25 at 8:10 pm to
In other words, you’ll never own your home and will forever be in debt to the bank.

How about investing in new trades people through jobs programs and some kind of federal program to build affordable new housing across the country? Create millions of jobs and affordable homes for the masses. Don’t have to be ghetto project style homes either.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93895 posts
Posted on 11/8/25 at 8:11 pm to
quote:

How do tariffs create debt? This should be good lol


Posted by Rip Torn
Member since Mar 2020
5957 posts
Posted on 11/8/25 at 8:13 pm to
The US has a plethora of trade schools and it isn’t the federal government’s responsibility to be a jobs program. It’s almost like some of you don’t understand basic economics
Posted by uziyourillusion
Member since Dec 2024
314 posts
Posted on 11/8/25 at 8:17 pm to
The federal governments job is whatever we direct it to do. Relying on the market to sort out matters isn’t working clearly. The market system on its own has failed spectacularly. Median income to median home costs ratios are magnitudes worse than a few short decades ago.
Posted by PorkSammich
North FL
Member since Sep 2013
16953 posts
Posted on 11/8/25 at 8:18 pm to
quote:

How do tariffs create debt? This should be good lol


Seriously?

Tariffs cause price increases, price increases make things more expensive, more expense creates more debt.
Posted by Sizzle_DAWG
Sanford Stadium
Member since Jan 2024
1758 posts
Posted on 11/8/25 at 8:18 pm to
Crumbs. Another sign of our empire in decline.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467074 posts
Posted on 11/8/25 at 8:19 pm to
quote:

The market system on its own has failed spectacularly. Median income to median home costs ratios are magnitudes worse than a few short decades ago.

This is due to government influences, not the market.
Posted by TheBeezer
Texas
Member since Apr 2013
1981 posts
Posted on 11/8/25 at 8:22 pm to
Lenders are gonna love hearing that they'll get 20 more years of interest.
Posted by Rip Torn
Member since Mar 2020
5957 posts
Posted on 11/8/25 at 8:23 pm to
You don’t really understand anything you just typed. Tariffs have increased government revenue by hundreds of billions of dollars this year. Higher consumer spending creates more tax revenue which increases government revenue. Again, you don’t understand basic economics
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93895 posts
Posted on 11/8/25 at 8:23 pm to
quote:

Lenders are gonna love hearing that they'll get 20 more years of interest.


Not really. They get it all in the first 15yrs regardless
Posted by TheBeezer
Texas
Member since Apr 2013
1981 posts
Posted on 11/8/25 at 8:27 pm to
quote:

Not really. They get it all in the first 15yrs regardless


1st 15 years in a 30 year mortgage, so wouldnt it be 1st 25 in a 50 year?
Posted by Timeoday
Easter Island
Member since Aug 2020
18034 posts
Posted on 11/8/25 at 8:28 pm to
Yep. Cars used to payoff easily in 36 months. Now triple that time. What has happened with prices inflating is the time must "inflate".

Before health insurance, people paid out of pocket easily. Before vet insurance, people paid out of pocket easily.

The friggin' continues.
Posted by PorkSammich
North FL
Member since Sep 2013
16953 posts
Posted on 11/8/25 at 8:29 pm to
quote:

Tariffs have increased government revenue by hundreds of billions of dollars this year.


That has zero impact on the price of goods smart guy.

What have those billions gone to?

Government revenue is good for the government, not us.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93895 posts
Posted on 11/8/25 at 8:29 pm to
Most homeonwers dont make it past 7yrs in a loan

Look at the am schedule for both

Posted by Rip Torn
Member since Mar 2020
5957 posts
Posted on 11/8/25 at 8:31 pm to
Well boy wonder, you were the one claiming that tariffs increase debt. So either you are confusing consumer spending with government debt or you don’t understand any point you are trying to make
Posted by LSU0358
Member since Jan 2005
8095 posts
Posted on 11/8/25 at 8:32 pm to
A downvote for lifetime slavery.
Posted by PorkSammich
North FL
Member since Sep 2013
16953 posts
Posted on 11/8/25 at 8:34 pm to
quote:

you were the one claiming that tariffs increase debt.


Individual consumer debt retard.

I don’t give a phuck about government revenue. There’s been no proof of where “tariff revenues” are going.
Posted by Rip Torn
Member since Mar 2020
5957 posts
Posted on 11/8/25 at 8:38 pm to
Sure thing chief, no one uses that terminology when describing individual expenses. You looked stupid while trying to sound intelligent. “Tariffs increase debt” lol I was talking about consumer spending
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