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Message
re: Trump not interested in reducing Housing Prices
Posted on 12/23/25 at 10:39 am to Wildcat1996
Posted on 12/23/25 at 10:39 am to Wildcat1996
quote:
n 2025, few young people anticipate being in their homes for more than 10-15 years, if that. So extending a mortgage term to increase affordability is acceptable as long as the growth in the value of the home outpaces the interest rate and they can move to the next home with some equity.
What equity? I dont have a 50 year schedule in front of me but im about 90% certain you are still paying 100% interest and little to no principal even after 10 years.
1
Posted on 12/23/25 at 10:39 am to Riverside
quote:Great retort
Yikes.
Posted on 12/23/25 at 10:39 am to ChatGPT of LA
quote:
Do u know what happens to working class if housing prices would collapse?
What about the working class currenty locked out of buying a home?
Posted on 12/23/25 at 10:40 am to ChatGPT of LA
quote:
Do u know what happens to working class if housing prices would collapse? The ones who bought at any time, under higher prices and higher interest, get totally fricked and can't sale their home without owing money.
Young, working class people can afford homes?
This post was edited on 12/23/25 at 10:41 am
Posted on 12/23/25 at 10:40 am to Harry Caray
quote:
And that would take how long into a 50 year amortization schedule?
That is entirely dependent on the housing market.
And if you think that reducing housing prices is a good idea, how many people between 25 & 55 are going to be upside down in their existing mortgages when their 400K home is suddenly worth 300K? And before you answer, note that no one under 55 is considered a Boomer.
Posted on 12/23/25 at 10:40 am to Harry Caray
quote:
He probably shouldn't have said that out loud
We all know the boomer mentality. Hoard wealth and pull the ladder up.
Trump is too honest to not say it.
This post was edited on 12/23/25 at 10:41 am
Posted on 12/23/25 at 10:41 am to Harry Caray
quote:
Great retort
To be fair. Your comment was a particularly stupid one.
Posted on 12/23/25 at 10:41 am to Wildcat1996
quote:
And if you think that reducing housing prices is a good idea, how many people between 25 & 55 are going to be upside down in their existing mortgages when their 400K home is suddenly worth 300K? And before you answer, note that no one under 55 is considered a Boomer.
There's a term for an economic system built around bailing people out for bed decisions.
Posted on 12/23/25 at 10:41 am to SlowFlowPro
quote:
Prices need to fall. Bigly.
I could see where that benefits some and harms others.
Again, whether the ideas pan out- it's refreshing to hear an administration address issues head on and seek balance in solutions.
The other guy told me not to believe my lying eyes.
Posted on 12/23/25 at 10:43 am to RogerTheShrubber
quote:I'd say every day of your life is subsidized by American Tax payers.
You want your losses subsidized.
Posted on 12/23/25 at 10:44 am to SallysHuman
quote:
I could see where that benefits some and harms others.
It benefits most everyone and harms those who made bad decisions. That's how capitalism works.
Posted on 12/23/25 at 10:44 am to RollTide4547
Lol
Posted on 12/23/25 at 10:44 am to SallysHuman
quote:Mine would be:
Feel free to submit your solutions to the housing issues to Trump's team
Stay away from the housing market. Tell Congress to stay away also.
Know what is worse than shite? Setting shite on fire.
Posted on 12/23/25 at 10:44 am to ChatGPT of LA
quote:
Are yall morons? Do u know what happens to working class if housing prices would collapse?
20% are owned by institutional investors.
At median household income, only one in five houses are affordable to middle class families.
Your angst is years too late.
Posted on 12/23/25 at 10:45 am to Wildcat1996
quote:Either live in the house forever or refinance
how many people between 25 & 55 are going to be upside down in their existing mortgages when their 400K home is suddenly worth 300K?
Posted on 12/23/25 at 10:45 am to BBONDS25
quote:
You had a complete meltdown over $6k. Moron.
Of course youre lying agiain.
What high end fishing resort did you stay in Sitka, once again?
Posted on 12/23/25 at 10:45 am to SlowFlowPro
quote:
It benefits most everyone and harms those who made bad decisions.
What bad decisions? Buying a home and building equity over the years?
Posted on 12/23/25 at 10:46 am to SlowFlowPro
2008 was a party. Wait for what is coming. 100% total control of every aspect of our lives by the billionaires (trillionaires to come) and corrupt politicians.
Posted on 12/23/25 at 10:46 am to BBONDS25
quote:You should try expanding your mind beyond capitalist thinking.
To be fair. Your comment was a particularly stupid one.
Posted on 12/23/25 at 10:46 am to 50_Tiger
I’m generally aware if the market dynamics there but i’ll have to see if i can find anything on what he is specifically crying about now on them.
Ultimately the market is leading them away from consumer-centric products because they make way more selling out to data centers. Its been a dynamic for a few years now. The micron announcement they are ending consumer space is terrible for consumers. But their job isnt to safeguard the consumer market. Its to maximize shareholder value.
What the microm announcement does do - is create opportunities for new companies to come in and target the consumer market. We need more competition there, and the added ai demand should support more competition now - its just not something that spins up overnight.
But nothing I just said would make for a very entertaining Gamers View (Nexus) episode. Its way better if he just gets up on a soap box and complains.
Ultimately the market is leading them away from consumer-centric products because they make way more selling out to data centers. Its been a dynamic for a few years now. The micron announcement they are ending consumer space is terrible for consumers. But their job isnt to safeguard the consumer market. Its to maximize shareholder value.
What the microm announcement does do - is create opportunities for new companies to come in and target the consumer market. We need more competition there, and the added ai demand should support more competition now - its just not something that spins up overnight.
But nothing I just said would make for a very entertaining Gamers View (Nexus) episode. Its way better if he just gets up on a soap box and complains.
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