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Started By
Message
re: Trump not interested in reducing Housing Prices
Posted on 12/23/25 at 11:30 am to goldennugget
Posted on 12/23/25 at 11:30 am to goldennugget
quote:
Privatize the profits and socialize the losses
Indeed. I would just call it Socialism.
Its definitely a large part of it.
Ive come around on y'alls H1B pleas and realize there isnt anyone in power that will help you though.
This is how people like AOC will capitalize.
0
Posted on 12/23/25 at 11:32 am to WicKed WayZ
quote:I'm sure there are certainly some homes and certain locations that young people truly can't afford. There are homes and locations that I can't afford. The fact that we can't afford the home we WANT in the location we WANT does not mean we can't afford a home. It just means we can't afford the home we WANT.
Then please explain how young people can’t afford homes.
Posted on 12/23/25 at 11:34 am to GreatLakesTiger24
quote:Sounds like old people are smarter than you. What is whining and crying doing for you? Is it buying or building you that home? Can you sleep in your little pity party?
every thread that touches on this issue turns into old people saying go be a welder in Kansas or something. It’s retarded.
Young people want to whine that they buy the house they want in the location they want. When I was whining about not having something my father would say "Tough. Want in one hand and shite in the other. See which one get's full faster." He'd say "Life's Hard". I didn't like hearing it, but you know what the old fart was right.
This post was edited on 12/23/25 at 11:38 am
Posted on 12/23/25 at 11:35 am to RollTide4547
quote:
The fact that we can't afford the home we WANT in the location we WANT does not mean we can't afford a home. It just means we can't afford the home we WANT.
This is the most boomer take in the history of boomer.
Posted on 12/23/25 at 11:37 am to 50_Tiger
Well.. if someone owns an investment condo at the beach - When they go to sell the condo then they would lose their arse on their investment. I think that is what he is trying to imply here
Posted on 12/23/25 at 11:38 am to gaetti15
quote:
he lives in bum frick Alabama and thinks everyone can just live in the boonies and make good money
Damn. I remember him now (within this context)
Posted on 12/23/25 at 11:38 am to RogerTheShrubber
quote:Amazing to see all the principles of (r)epublicanism evaporate to the roars of thunderous applause.
Yessir, I do think we've already established "too big to fail" will be perpetually subsidized
Posted on 12/23/25 at 11:38 am to SlowFlowPro
This is exactly why we elected businessmen. Because we have been listening to lawyers for decades while they destroyed the economy. Stay in your lane.
Posted on 12/23/25 at 11:39 am to WicKed WayZ
quote:You little cumstains act like this "boomer" accusation is a cut down. Just means old people were and still are tougher than you.
This is the most boomer take in the history of boomer.
Posted on 12/23/25 at 11:39 am to Gifman
quote:
There is nothing in that clip that’s remotely controversial.
Trying to spin housing prices going down from an artificial-bubble peak being bad, is retarded.
This post was edited on 12/23/25 at 11:39 am
Posted on 12/23/25 at 11:39 am to FLTech
quote:
Well.. if someone owns an investment condo at the beach - When they go to sell the condo then they would lose their arse on their investment. I think that is what he is trying to imply here
Bad economic choices have those sorts of consequences.
There is a term for an economic system that wants to subsidize the consequences of bad economic decisions. It rhymes with kocialism.
This post was edited on 12/23/25 at 11:41 am
Posted on 12/23/25 at 11:39 am to JimEverett
quote:
Seems more like protecting Boomers' childrens' inheritances.
Please. The healthcare industry will decimate the boomer wealth leaving nothing to pass on to the next generation. Posted on 12/23/25 at 11:41 am to MikkUGA
quote:
This is exactly why we elected businessmen.
Trump is wearing his populist hat here, not his businessman hat.
Posted on 12/23/25 at 11:43 am to ChatGPT of LA
quote:
So you try to ease pricing slightly, and lower tf out of interest.
Good luck with that
Posted on 12/23/25 at 11:45 am to RogerTheShrubber
quote:
quote:
Trump
Of course his interest is protecting investors.
He took a stance on an issue that was the antithesis to populism and you still didn't like it. Go figure...
Posted on 12/23/25 at 11:46 am to BTROleMisser
quote:
He took a stance on an issue that was the antithesis to populism
The frick?
Trump's stance is pure populism in its most socialist form
Posted on 12/23/25 at 11:46 am to SlowFlowPro
quote:Yet you didn't argue the numbers I presented. My first job was minimum wage, 3.35. After taxes I received about 2.20 for an hour's work. Gas was about $1 at the time. One hours work would buy me 2.2 gallons of gas. A couple weekends ago my wife and I were at the same McDonalds (new building but same location). Sing on the door said help wanted starting at $15 an hour. After taxes, a highschooler would have $10 for an hour of work and this morning I bought gas at $2.48. That would be 4 gallons. A 90% improvement over my situation in highschool.
Damn. I remember him now (within this context)
Posted on 12/23/25 at 11:48 am to MikkUGA
quote:
This is exactly why we elected businessmen.
This is his emotional reaction, not his reasoned one.
Posted on 12/23/25 at 11:50 am to RogerTheShrubber
quote:Sounds like you're bitching at that thing looking back at you in the mirror.
This is his emotional reaction, not his reasoned one.
Posted on 12/23/25 at 11:51 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?
Not all that many relatives to the market in general. The majority (or close to it) of homeowners own their homes outright. According to gov data the average US LTV is about 44%.
I bought my house two years ago and if it lost 25% of its value tomorrow I would still be above water.
The vast majority of homeowners with a mortgage are barely paying any interest so they’ve been building equity for awhile.
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