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re: Trump not interested in reducing Housing Prices

Posted on 12/24/25 at 10:39 am to
Posted by wackatimesthree
Member since Oct 2019
13431 posts
Posted on 12/24/25 at 10:39 am to
quote:

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


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.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41073 posts
Posted on 12/24/25 at 10:52 am to
username checks out
Posted by ChatGPT of LA
Member since Mar 2023
6280 posts
Posted on 12/24/25 at 11:08 am to
Clear jam
Posted by RollTide4547
Member since Dec 2024
4671 posts
Posted on 12/24/25 at 11:12 am to
quote:

isnt very nice
I never claimed to be nice.
Posted by OceanMan
Member since Mar 2010
23205 posts
Posted on 12/24/25 at 11:19 am to
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.
Posted by FoTownBam
Foley Al
Member since Oct 2023
4588 posts
Posted on 12/24/25 at 11:21 am to
quote:

Holy fricking shite he actually said that?

Since when is it the responsibility of the government to inflate a market?
Posted by OceanMan
Member since Mar 2010
23205 posts
Posted on 12/24/25 at 11:32 am to
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.
Posted by the808bass
The Lou
Member since Oct 2012
128773 posts
Posted on 12/24/25 at 11:33 am to
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.
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 11:39 am to
quote:

quote: isnt very nice I never claimed to be nice.


Do we need to have a talk with the nursing home?
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 11:39 am to
quote:

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.


Not in the slightest
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 11:42 am to
quote:

quote:Holy fricking shite he actually said that? Since when is it the responsibility of the government to inflate a market?


2008
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39906 posts
Posted on 12/24/25 at 11:43 am to
quote:

Trump not interested in reducing Housing Prices

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.
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 11:51 am to
quote:

How does Trump reduce housing costs?


How about a 10 year moratorium on capital gains taxes for the sale of new single family homes
Posted by the808bass
The Lou
Member since Oct 2012
128773 posts
Posted on 12/24/25 at 11:51 am to
quote:

Not in the slightest


We’ll add completely self-unaware to your thread appellations.
Posted by the808bass
The Lou
Member since Oct 2012
128773 posts
Posted on 12/24/25 at 11:52 am to
quote:

How about a 10 year moratorium on capital gains taxes for the sale of new single family homes


Wtf is this? Are you legitimately retarded?
Posted by 3down10
Member since Sep 2014
39571 posts
Posted on 12/24/25 at 11:55 am to
quote:

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).



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

quote:

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


This is exactly the point. They aren't really saving anything, but they are paying interest for another 20 years.
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 11:57 am to
quote:

quote:Not in the slightest We’ll add completely self-unaware to your thread appellations.


So im a hypocrite if I dont build houses for free? I literally roofed, sided the house myself. Framed and sheathed the flooring system, installed all the finish flooring, built the porches, built and tiled the showers, installed all trim and did all finish work.

40k is not much for all that...and not even close to my airbnb revenue(for houses I also built). I could literally do tons of other things to make more and less risky money. Im not like boomers though. I enjoy building high quality things and take satisfaction in that and im not a slave to money
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39906 posts
Posted on 12/24/25 at 12:02 pm to
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.
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 12/24/25 at 12:02 pm to
quote:

quote:How about a 10 year moratorium on capital gains taxes for the sale of new single family homes Wtf is this? Are you legitimately retarded?



How dare we cut taxes!!!!
Posted by wackatimesthree
Member since Oct 2019
13431 posts
Posted on 12/24/25 at 12:03 pm to
quote:


Sounds like you’re a giant hypocrite.


This is the correct answer.
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