re: Trump not interested in reducing Housing Prices

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We’ve proven that we’ll keep spending and giving out many to other countries

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Y'all please spend 2 minutes looking at a pie chart of the federal budget.

Every time y'all say something about giving money to other countries implying that it has anything more to do with how much money we owe than a rounding error, you scare me with how gullible and manipulated you are.

Clear jam

I’m not reading 20 pages either, but I watched the clip in the OP and Trump didn’t really take a position. He just discussed the economics at a fairly high level and the only specifics he went into was wanting to avoid making home values and net worth plummet.

As far as 50 year mortgages, it’s been clear since about 2021 that we inevitably get there. The US is historically pretty consumer friendly with loans, so stretching the term is less disruptive than other mortgage products. Not advocating, just pointing out that other countries use longer terms, or shorter terms with variable rates that are renegotiated at term end.

In terms of affordability, I don’t think it makes sense to have this conversation without talking about the cost of new construction. The price has exploded in the past 5-10 years and will continue to impact housing prices as much as interest rates as long as that trend continues.

It’s not what he said, at least not in the clip on the OP. He basically just said he wants to be aware of actions that could deflate the market.

I’d like to hear of any measure that puts deflationary pressure on housing that could be considered a good thing for consumers or homeowners in the US.

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quote:They wont subsidize something that will lower their wealth. quote:For this house wont be great probably less than 40k Sounds like you’re a giant hypocrite.

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Not in the slightest

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Trump not interested in reducing Housing Prices

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How does Trump reduce housing costs? Inflation is already beginning to abate amid falling interest rates which can be an Inflation trigger. If you want to see the results of a Government involved in building cheap, low quality Jim Walter homes, ask the Chinese how that worked, or better the unfortunate souls that were roped into DoD Military Housing reservations.

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Not in the slightest

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We’ll add completely self-unaware to your thread appellations.

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I would imagine that Trump knows more about how loans and principles etc work than all of the people here combined (you and I included).

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Yes, Trump is the only person who knows real estate. I only buy and sell multiple houses every year.

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50 Year Term --- 2254
30 Year Term --- 2528

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This is exactly the point. They aren't really saving anything, but they are paying interest for another 20 years.

Why not just invest in metal shipping container homes ? They're modular, virtually indestructible, can be customized to order, and can be anchored into bedrock.