I have to say... a terrible move by Trump
- Thread starter DerekJohnson
- Start date
70% of the country are not renters. Where is this Twitter idiot getting his data. Homeownership is around 65%.
Fact of the matter is this - driving down the values of homes would be an economic disaster. Also, home values are not going to drop because of simple supply and demand. Homes are expensive because the people buying them have the income to do so. Single-income households are largely priced out of the market in most places because our economy is now based on dual-income families.
Still a needless thing to being saying out loud. He'd be wiser to point to Bidenomics and COVID making home values really go nuts.
Fact of the matter is this - driving down the values of homes would be an economic disaster. Also, home values are not going to drop because of simple supply and demand. Homes are expensive because the people buying them have the income to do so. Single-income households are largely priced out of the market in most places because our economy is now based on dual-income families.
Still a needless thing to being saying out loud. He'd be wiser to point to Bidenomics and COVID making home values really go nuts.