NEW Government Plan To FIX The Home Affordability Crisis

[@davinarose2876]

There needs to be laws against super corporations buying en masse single family homes. If mega corporations own the housing market they can list their price no matter how unfair and people have to deal with it. Not to mention it prevents the ability for Americans to own anything

[@JV-zt8lc]

This is the only way it it will never be fixed. It’s rigged in their favor. They can self insure and I bet they get extra tax breaks even property

[@Codecorrupter]

@@davinarose2876 that's the plan, " u will own nothing, and u will be happy..."

[@edwardrue6101]

@@davinarose2876 I totally agree 👍🏿

[@robertsmith4150]

What price range home buyer will benefit? An actual starter home with 1-2 bed rooms w/1 bath. Be realistic about what people can afford on a budget that may only earn 30k-60k, and this will probably exclude minimum wage earners. Hopefully not a suggestion of a trailer home in a rental park where HOA will eat up even more money. I live in a town in illinois where i know these homes exist but as fixer uppers in order to be affordable. The thing is, most realators never list these to market but notify investors that rehab these to turn into rentals. Where is the fairness in that for the regular consumer, first-time home buyer in order to build equity?

[@maryelyse5633]

big problem is housing hes referring too is mainly new builds in PUDs and HOAs which still limits housing to buyers.

[@SarahS1214]

Yes, I think we should stop foreign investors for everything!! Hadn’t thought of going through a back door to get it…

[@debbiebarber5640]

Prices need to come down a lot ..

[@bmoreblondie6301]

An it's gona take along time to happen

[@seanm3226]

Nope.

[@farrelli7777]

Trump has never been big on details of how anything will work. That's why we never got infrastructure, healthcare, chips, or anything else he promised. They were all core tenants of his campaign the first time around and never came up with even a single page outline of how any of it would work - which is why those things never happened. I would suggest not holding your breath for any detailed plan for fixing housing. Famously, in the debate, he had "concepts of a plan" for improved healthcare - something that he's been promising for a decade now. If he can't come up with something that important, we're getting bupkis on housing.

[@MrSteeDoo]

You are correct.

[@annscott900]

I wouldn’t buy a new home if I had the money. They throw them together. Hire cheapest subcontractors and home has issues within the first year of build. NO way am I buying a new home anywhere.

[@roberthines4882]

i bought a house bilt in 1978 poor costruction/ bought a house bilt in 1961 bilt like a battleship!!!!!!!!!!!!!

[@roberthines4882]

EXACT SAME TYPE HOUSE!!!!!!!!!!!!!!!!

[@annscott900]

@@roberthines4882 Same area or State?? Maybe lumber/timber was sourced from different supplier. Idk but new home construction is not lasting 50-60 years anymore.

[@peterjpavlov]

Hi from PA. My wife and I moved here from NJ in 2018 and bought a house. It has been such a blessing. We lived in Jersey City and it was way above what we could afford. By the way, I like the intro.

[@bmoreblondie6301]

How did u find a job that lays well??? My parents retired from MD an moved to PA we are still in MD but would also like to go to PA but can't find a job making what we do in MD an refuse to do the drive from PA to MD had other family members who did that an after a few years they hated the drive an moved back to MD

[@peterjpavlov]

@ I work in the automotive industry and where I live ( Lehigh Valley Area) there is plenty opportunity. When I first moved I commuted to Jersey City and it was terrible. So glad those days are behind me.

[@SW-fm6up]

I love your introduction and all your excellent informative videos Kristina!!! Thank you for all you do!!!!

[@catherinebrown7299]

Fixing the home interest rates does not matter since home insurance is unstable itself. More and more people are not able to even get home insurance coverage and others keep having their rates raised to the point that the insurance costs far exceed the actual mortgage. People need to start asking is it even worth buying a house when the house may not even be worth all the money that is being paid into home insurance premiums. Something has to change first with insurance companies before I would even think of buying a home.

[@bmoreblondie6301]

Or make it so we don't need hone owners insurance 🤷‍♀️ like in cali idk why they even pay for it when it doesn't cover fire. It shouldn't be a requirement to have

[@biblesforbreakfast]

@bmoreblondie6301 THIS RIGHT HERE ^^ The problem though is that no bank is going to lend you money with the risk that what you're using it on is going to go up in flames and them not get their money back. Unless you are going to pay them loan shark rates to compensate for the risk. That risk is traditionally pushed to the insurance companies. That is why mortgages are more lower rates compared to unsecured loans.

[@Nonybusinessxxxxxx]

I would love a 4% interest rate. our mortgage at 4.5% was going to be 3900. now at 6.75 when we closed in 2023 we're at almost6K a month. I just want a low interest rate to refi. thats all I care about.

[@msb6887]

That “hello” sounded like Mrs. Doubtfire..😅

[@KristinaSmallhorn]

@@msb6887 😂

[@RED-cy7ig]

The intro. Is great with me. Congrratulations on the snow.

[@SarahS1214]

That was a big snowman! Looks like you enjoyed your snow day!!😊

[@biblesforbreakfast]

Privatizing mortgages makes them more affordable how? There's nothing in America that "private business" has made more affordable. I just don't see any evidence for this helping.

[@seanm3226]

Don’t kid yourself. There’s a reason the US is $35 trillion in debt. You pay interest EVERY day on EVERY purchase you make. What private businesses can’t do is print money.

[@biblesforbreakfast]

Yes and maybe we should get bigger credit cards to pay for groceries since the price is going up up up. More consumer debt through bigger loans is only going to make the problem worse in the long term. The houses, just like groceries still need to come down to affordable levels. Giving people more access to credit doesn't fix the primary issue.

[@robinstevenson976]

Hello from Bakersfield Ca. Like the intro Thank you for this information

[@robertcarrasco2504]

Thx Christina and Eddie I've been learning so much

[@chrisaugustine7394]

I love the intro, I was dancing

[@lynneallison2367]

Corporate control of the housing market needs to stop. Corporate greed and control needs to be curtailed.

[@DLReed-qc4fy]

We have a similar thing in Maryland. It is called ground rent where you purchase a home but not the land. You may have to pay ground rent, which is disclosed but some buyers must verify ground rent fees. Not all homes are subject to it but it is common in Baltimore City.

[@pamelasloane9606]

What regulations is Trump going to roll back and will those cuts affecting the safety issues involved in building houses?

[@WaterBug46]

Like the intro! Please don’t stop

[@kriscree8627]

govt housing opens the door for American slavery. If the zoning laws would just change to allow tiny homes on land we own!

[@debbiebolek2117]

I agree Tiny homes with composite toilets instead of a whole septic system

[@BeeDeeASMR]

You're def one of my favorite content creators :) ....Still wish ud run for Congress, we need people like you!

[@KristinaSmallhorn]

@@BeeDeeASMR you are so kind. I’m not sure I have the stomach for it. Maybe locally but Washington DC would eat me alive.

[@BeeDeeASMR]

@@KristinaSmallhorn Local gov is a great start ;)

[@biblesforbreakfast]

Lower the mortgage rate is only one part of the pie. Because a lower mortgage rate means people can pay more for houses. But that doesn't make houses cheaper. Because that makes the houses sell quicker and in a competitive market nobody will lower the prices on their real estate. Flatlining sales in some places are the only things keeping prices in check right now.

[@SB-tc2jr]

Hi Kristina - in the live chat I commented saying that "the video and chat are abnormal today" - I was referring to the physical layout. Today's video was bundled with more of your videos and the chat was half way down the page. Sorry - that it seemed like I meant something else. My bad ... 2:50

[@KristinaSmallhorn]

@@SB-tc2jr oh no worries at all. I genuinely thought you meant the regulars hadn’t shown up yet to the chat.

[@SB-tc2jr]

@@KristinaSmallhorn Thank you! I didn't want to appear rude! 🥰

[@KristinaSmallhorn]

@ you didn’t. I didn’t think that in the slightest.

[@SB-tc2jr]

@@KristinaSmallhorn Wonderful !!! 🥰

[@charlessmith1581]

Intro is fine

[@kriscree8627]

Loving your impression of builders! lol!

[@seanm3226]

It was rather ignorant.

[@SUSANBAR31]

Nope … sorry … I don’t like the intro … but not just you … my husband and I dislike annoying looping music and all intros on podcasts cuz we really come here for factual info not entertainment for the most part. But we love your humor and how you present your great info! You have a nice voice and are well spoken for sure! Thank you!

[@justcruisinmom1682]

Hi From Florida

[@ClubAmore-lw2go]

Why not just do a zero percent down like the USDA loan for Urban areas.. problem solved

[@seanm3226]

Would you loan someone money with no down payment? 100% loan to value. Nope.

[@ClubAmore-lw2go]

@seanm3226 19 years ago I bought my house that way. Was a special loan for certain parts of my city.. without that loan I wouldn't have this house today

[@KarinShah]

I notice from the fact sheet that this is from a memorandum not an executive order. Memorandums are not binding.

[@tinkerbell9396]

No, I ❤️❤️❤️ the intro👍 little late here, but still counts🧚‍♀️

[@SilverSaabArc]

I love the intros! But I really love the high energy outros! ❤

[@christopherholloway8192]

Love the intro

[@EvanHodge-t8m]

Whatever brings family-owned homes into the "wicked grasp" of Normal People ... for it! Thank you, Kristina for staying in the long haul with this subject - it's the measure of our stability as a nation. I LOVE your intros!

[@dansuehath]

Like the Intro!🤪👍🏻

[@ozburnurass]

Morrison is building a new development in just down the freeway from me in Vacaville, CA. Part of the new development will be rentals and some of the homes have ADUs in the back.

[@atomicgirltv9313]

I wasn't here for the Live but I like your quirky intro! Makes you memorable by taking the time to zuzz it up.

[@aclaylambisabirdman6324]

California is really stringent on Construction Loans

[@debrachase894]

Here in NH ,too many out of staters buying 2nd homes for vacation and those would have been for residents but cannot outbid their cash buys...

[@IntotheBlue03]

Kristina I LOVE the white and grey color scheme as an elder millenial been waiting for that all my life! The fact that so many of us have been pushed into buying outdated boomer fixer uppers all stuck in the hideous 70s without the extra $ available to remodel/update has been the WORST😢😢

[@LynnSharp-s5r]

I love your intro❤😊

[@ellieannnorth7902]

I love that song in the intro.

[@Josh-ko8gw]

Hi, can we talk about how to let city allow building prefabricated housing less completed? Even give benefit to prefabricated home builders. I live in 80 years old Spanish cold house who like to have better insulated house. Do you know what I mean? Thank you for your information.

[@djack915]

Love the intro and this gal ! Snow in Weeziana ? Just wow enjoy 😂

[@KristinaSmallhorn]

@@djack915 I enjoyed it for two days. It’s all melted now.

[@Kellie-z6x]

With so many losing jobs and out of work, maybe the need for labor in the construction industry due to deportation will open up some jobs to those who are physically able to do physical work in construction. Shoot I’m a 51 yr old woman and I’d be open to trying it for extra money.

[@carlcarter4084]

I love the intro! Its fresh and inovative! Keep it! I vote keep it!

[@articmars1]

There is something going on in Texas with the property taxes. It was said the problem is nation wide and what ever they are doing is inflating the worth of your property for higher taxes.

[@kariedwards495]

Not sure if anyone mentioned this, but the “land lease” is how a lot of property in Hawaii is sold

[@timmattle4730]

Energy costs permeate all parts of the economy, truck delivering to lumber yard causes price increare for every piece of machinery that touched that piece of lumber

[@MrSteeDoo]

Energy costs have been at higher rates before and we didn't see these prices.

[@Outdooracademe]

I like your intro, it's so you.

[@alphaomega1351]

All they will build is luxury apartment rentals. The real problem is that everyone qualifies to get a mortgage nowadays. Home 🏡 prices are based mostly on how much a bank 🏦 will loan. Therefore, rates should remain high, and all persons seeking a mortgage should have to have a 20% or more down payment! No more 3%, 5%, 7%, 10%, or variables length rate, nonsense. We need to stop ✋🏻 this everybody should qualify for massive debt craziness 🤪. 🤓

[@julianparks3325]

Love it.

[@frosted1030]

Regulations fall, so does quality. A new fast built home won't pass inspection.. unless of course inspections are no longer as qualitative (which is happening already).

[@brendar-b310]

Skip the intro! Love your content!!!

[@davekohler5957]

I love the intro.

[@palomaquerida]

i like the intro... i dance to it

[@lynnw7618]

It’s your show do what you want

[@KristinaSmallhorn]

@@lynnw7618 I aim to please the people on this particular point. ❤️

[@caroldobinson]

I like to know where the drilling for oil is going to be. I want to be in the state that will get the jobs due to drilling for oil. Drill baby drill.

[@KristinaSmallhorn]

@@caroldobinson I’m not an oil person but the channel “Mr global” is. He will have the information on that. He’s been in the oil business for several decades.

[@nomad7540]

Look at the natural gas industry.

[@MrSteeDoo]

What makes you think that oil companies want to drill to give you lower prices?

[@andresmedina1279]

The intro is awesome

[@Rachelbdot94]

I like that you have an intro for the personality and charm but I do fast forward past it bc it’s a little long

[@spicyken18]

Yes it sounds awesome

[@julianparks3325]

Happy Monday missed you yesterday can you please say when your live please let us know

[@seanm3226]

When are people going to realize home prices aren’t coming down? Why would they, and why should they?

[@EvanHodge-t8m]

You don't need a Pacific Palisades style rezoning ... that's not the way to change housing style options.

[@stacywilkins8978]

No!!! Keep doing what you’re doing!😁😁

[@realMacMadame]

Has the intro gotten shorter? My main object to it was that it was pretty long but it seemed shorter today.

[@chrisaugustine7394]

I don't understand Americans policies, and laws. A person cannot buy a home with a mortgage payment of $2400 or $3600 a month but then they pay the same in rent.

[@barbaramctighe550]

What Trump want's to do is reduce/end requirements that keep people safe and healthy in new homes or that help fight climate change.

[@seanm3226]

Even Trump admits he can’t change the climate.

[@ericeandco]

Lowering mortgage rates leads to higher property rates. It doesn’t make a difference.

[@cameronstolhand7149]

I like the intro

[@justhumblemeclarke7292]

In Ohio there is a government program where they sale you a new build home in a target area for less than 200k they give you a 20k "grant" and a mortgage tax credit (25%) but you are partnered with the government. It's a 99 or 100 year lease on the land and when you sale you have to pay the 20k back to the government and you split the profits of the homes sale with the government. Lol

[@sage1jenn379]

Interest rates on home loans need to drop....period.

[@MrSteeDoo]

There are not enough people willing to build those houses and trump and his cult are going after the ones who want to work on houses.

[@seanm3226]

Hello increased home prices.

[@frankiebaby317]

Some of us have NO time to waste. Useless time wasting "intro."

[@williamwilson2010]

Kristina, Hello from Fl,! I grew up in S.E.Tx. but have been in Fl 20+ yrs.. I currently live in a block and stucco home but have always been infatuated with mobile homes and what can be done with them. Have you heard of or know of any restrictions ( not geographical or zone) of moving a unit and being denied set up due to age. Heresy has been even if it's a year old you can't relocate it. If that's the case, hiw would dealers sell re-po's? I know it's a tough question but it seems like you always know what direction to go or look. Thanks! P.S. Keep the intro.

[@julianparks3325]

Can Eddy put up when ur live date and x please

[@julianparks3325]

I got charged 18 percent at a restaurant due to outside dinning

[@loriweasel7773]

You're wrong if you Think Trump will bring down housing. I'll set back and laugh as bankruptcy skyrocket and corporations sweep in AGAIN and buy them all up for rentals.

[@MatteBlack93]

Dont hold your breath. Sit back and watch how real leaders fight for this country🇺🇸🇺🇸

[@rafaelmariscal9170]

People forget that Trump was already president for 4 years and home prices went UP, not down during his term. This time, however, he might wave his sharpie pen and magically get homes built for less money. My bet is that tarrifs and labor shortages make homes even more expensive.

[@kingcreed348]

Thing is, even if interest rates come down, prices will just skyrocket regardless, unless laws are put in place to prevent that, and nobosy will do that, not even Trump, and I voted Trump myself. It's just one of those things they can't do anything, in my opinion

[@Joce123]

Can the Federal government pressure local governments to change zoning ordinances by withholding federal $ ?

[@MrSteeDoo]

@@MatteBlack93 laughable

[@jasoncolemanarizonaloanoff1574]

QE can be and has been used to control the bond market. So the statement of market only controls bonds is bad information.

[@KristinaSmallhorn]

@@jasoncolemanarizonaloanoff1574 You bring up a valid point about quantitative easing (QE) and its impact on the bond market. While it’s true that QE allows the Federal Reserve to influence the bond market by purchasing large amounts of Treasury securities or mortgage-backed securities, it’s important to note that this is done by the Fed, which operates independently of the president. The president doesn’t directly control the bond market or mortgage rates-those are shaped by broader economic factors, Fed policies, and market conditions. So while QE can play a role, it’s ultimately the Federal Reserve’s tool, not the president’s. I appreciate your input and love that we’re diving into these nuances!

[@jasoncolemanarizonaloanoff1574]

@KristinaSmallhorn it's also what caused inflation and mess with housing. If the government would just leave us alone and let the free market exist we would be better off.

[@julianparks3325]

I'd pay 10 percent if I could get a loan. The banks want 20 30 percent down. Unaffordable

[@seanm3226]

So…no house for you.

[@crystalline9098]

Intro is fine. Maybe start with the intro before you begin the segment. That way people who don’t like it can immediately fast forward to the real talk

[@MrSteeDoo]

Mr. and Mrs. Suburbia don't want Junior using his hands to build houses. That's icky work and far beneath them.

[@idontknowyouthatsmypurse]

Just 2 common sense changes would EASILY bring restoration to affordability: 1. ONLY private citizens or private family trusts can purchase SINGLE FAMILY DWELLINGS. Corporations and investment firms can ONLY purchase high density residences or commercial properties. They CANNOT own single family homes except when they are the lender in a single family dwelling purchase where the buyer’s default gives property ownership to the lender. 2. Municipalities CANNOT require that ALL residences must be ‘site built’ (unless that was voted upon and passed by citizens). And if not, the local permitting entity MUST grant residential permits to manufactured , modular, or tiny homes on purchases of vacant residential land which is neither part of an HOA nor bound by ANY CC&R (assuming the residence meets all HUD codes and requirements, as well as all setbacks for the land’s zoning). I suspect this will NOT be ‘allowed’ as a solution because it would address the problem SO WELL that everyone who purchased after 1st quarter of 2020 would be underwater.

[@sciencefan2019]

No regulations means homes can be built with inferior products and fall apart and the buyer will have no recourse to recoup their losses. People need to learn to live in homes that will withstand the climate in their areas and give up luxury item, it's been proven a round home holds up better in a tornado, concrete holds up better to fires and not build in flood areas.

[@Tiersmoke92555]

Equity Life Style properties

[@cefoye]

Yes, ban foreign investment in ALL US real estate.

[@charruz]

Lower prices. That's it

[@UBGood]

Other more modern countries offer a "FIRST HOME OWNERS GRANT"

[@charityscreams5366]

Sure, countries that are equal in population to one of our medium sized STATES

[@DZ-rf9fh]

He is trying to provide funding/liquidity for several of his initiatives including real estate. Agree this may or may not happen will be interesting.

[@MrSteeDoo]

blah blah blah thanks bot

[@seanm3226]

@@MrSteeDoo TDS.

[@rod1147]

Intro is great but it doesn't need to be every single show 😊

[@nomad7540]

If only we could get people off of drugs and working (skilled labor is work to be proud of)………….

[@julianparks3325]

Big Russian n overseas has large super trucking companies ugh

[@timothy8142]

Lower rates and more supply won't help home sales. While I agree there are affordability problems. It's more of a demographic and cultural issue. From 1945 to 1970, the whole "nuclear family" was the cultural norm. The traditional house and kids was attainable for much of the US population. Dollar had more purchasing power, your dollar went further, goods and services were very affordable, opportunity was everywhere. Fastforward, people can't afford student loans, a mortgage, car, daycare, healthcare. Especially when a college degree doesn't even guarantee you $100k per year. The whole pyramid fell apart, and these incoming generations aren't falling for it. As each generation comes in and the further we get from the post WWII era, the more people reject it. The "nuclear family" was simply just a phenomenon of the whole world being blown to bits as the US was the only game in town for nearly 30 years. And each generation after that thought it was normal and would go on forever.

[@julianparks3325]

I make 2k a week n 600 score n can't get a loan for 65k!!!! With a home on it 9 acers. What's wrong with this.

[@seanm3226]

Your version.

[@moniquegullo1973]

I love the intro. Please dont change it.

[@HIGH_LEVELbaby]

Keep the intro

[@julianparks3325]

They need to free up 3rd x buyers 4th and 5th

[@Tiersmoke92555]

Equity Life Style

[@GHE2005]

What about getting rid of any loan agencies? The people who buy homes hv the monthly payment taking directly from pay check? If we stop putting so much into war & defence there would be money to help the problem in our economy. Stop the insurance ripped home owner off. Regulate insurance company cost & what is covered. Insurance company decide everything as they see fit to line their pockets.