Homebuyers face difficult housing market under Trump presidency

9 comments

1. By Giulia Carbonaro – US News Reporter:

   Donald Trump’s return to the White House is unlikely to offer much relief to Americans struggling with soaring home prices, stubbornly high mortgage rates, and growing housing costs, as his policies could make homebuilding more expensive and push mortgage rates even further up, experts told Newsweek.

   The lack of affordability in the U.S. housing market has been a major issue during this election cycle and one that both candidates tried to address in their agenda, though in significantly different ways. While Kamala Harris promised to build millions of homes, offer financial aid to first-time buyers, and ease regulations on building, Trump suggested that through reducing illegal immigration he could free millions of homes for American citizens, reducing demand on the supply-tight market.

   Read more: [https://www.newsweek.com/homebuyers-face-difficult-housing-market-under-trump-presidency-1982705](https://www.newsweek.com/homebuyers-face-difficult-housing-market-under-trump-presidency-1982705)

2. Another trust us bros article. Noice.

3. Strange. As I recall, housing was very affordable when Trump was president. It’s as if all this hysteria is just being made up by partisans.

4. All of this rhetoric. Man’s not even president yet. We know he’s a habitual liar. How can you possibly predict anything? Sounds more like click farming articles.

5. Quick question: Once you start deporting our labor in the form of immigrants, who will pick up the slack and continue building homes? Did we not learn from Desantis errors?

6. >”And the more tariffs or tax cuts are increased, the higher rates will go”

   The tariff side of that equation doesn’t compute. More revenue should reduce the deficit, so the Fed shouldn’t then have to accommodate by buying Treasuries, printing more dollars, running up the permanent money supply in circulation and thus generating long term higher interest rates like 10 year Treasuries, mortgages and bonds. So more revenue from any source, whether they are tariffs or income taxes or corporate taxes, should slow down money supply growth, causing less inflation and thus lower long term interest rates. I think her warning on tariffs is confounding the other negative effects of tariffs, especially the loss of alternative sources to compete with domestic sources.

7. Dude was president for all of 3 days and already everything is his fault.

8. Not even in office and the doomsday negative fear mongering starts. LOL. His tracknrecord says the opposite of the headline.

9. To fix housing we need to lower the value of homes and do it fast. This is problematic because nobody wants to see the value of their homes go down even if it has been rising like a rocket.

   Assuming you get over that problem then we can continue. To make homes go down in value there needs to be a mechanism in which those, including large home owning entities, will pay more than someone who owns one home for personal use. Not slightly but heavily to discourage the practice of hoarding homes.

   Another way would be to flip inflation upside down. Dare I say we need deflation to make those who leverage debt and prop up housing markets actually loose in the long run. Get big money out of the housing game, leave it for the middle income earner just looking for their home, not a business opportunity.

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