President Donald Trump said during a Cabinet meeting that he wants to 'drive housing prices up' to keep homeowners 'wealthy' rather than focusing on affordability to benefit people people who 'didn't work very hard'
Go ahead, vote MAGA in the midterms if you’re curious how fucked your life can get.
A-fucking-men.
I’m in a similar boat house. We bought in 2011, used a USDA loan and were able to pick our place up for a song ($160k). It now has a “value” of ~$360k. And all that extra “value” is doing for me is increasing taxes and insurance costs. I’m not planning on selling any time soon, so my home “price” going up is a net negative. Sure, we might sell in a decade or so, but today’s price won’t have a major impact on that.
What I’m getting at is, this doesn’t benefit homeowners, it benefits housing investors, who are the group Trump really wants to prop up.
What? You’re telling me the pedophile, racist, Nazi sympathizer, billionare son of a racist, Nazi sympathizer who made the family’s billions by wartime real estate profiteering is more interested in protecting real estate profiteering than helping people? Color me shocked, absolutely shocked, I say. Well, not that shocked.
A-fucking-men.
I’m in a similar
boathouse. We bought in 2011, used a USDA loan and were able to pick our place up for a song ($160k). It now has a “value” of ~$360k. And all that extra “value” is doing for me is increasing taxes and insurance costs. I’m not planning on selling any time soon, so my home “price” going up is a net negative. Sure, we might sell in a decade or so, but today’s price won’t have a major impact on that.What? You’re telling me the pedophile, racist, Nazi sympathizer, billionare son of a racist, Nazi sympathizer who made the family’s billions by wartime real estate profiteering is more interested in protecting real estate profiteering than helping people? Color me shocked, absolutely shocked, I say. Well, not that shocked.