

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.



















He also has no understanding of inflation. Lowing interest rates with rising inflation will, almost certainly, drive up home prices. As there will be more dollars chasing a limited supply. The problem is that this sort thing has a bad habit of going poorly. Investors have just gotten addicted to cheap credit. The US Fed is supposed to be the adult in the room, but The Pedo in Chief is doing his best to undermine that safeguard.