US homebuilder hints a Trump win will boost the real estate market

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Fox Business

Fox Business

Ай бұрын

National Association of Home Builders CEO Jim Tobin unpacks new housing data, the biggest 'challenge' in the U.S. market and how Trump policies could improve the regulatory environment. #FOXBusiness
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Пікірлер: 531
@lukemn29
@lukemn29 Ай бұрын
A Trump win would boost this entire country
@johnhoran9840
@johnhoran9840 Ай бұрын
Bigly!
@spotable2
@spotable2 Ай бұрын
Do you also believe the earth is flat.. TRUMPERS...People that believe things without PROOF are FOOLS AND IDIOTs... TRUMP, Johnson,Giuliani/ Comer/Lake/Fox "news"/ Habba ETC, ETC, ETC... WHERE IS YOUR PROOF the election was "stolen" WHERE IS YOUR PROOF the trial is rigged WHERE IS YOUR PROOF Mr,Biden is "crooked" WHERE IS YOUR PROOF Mr,Bidens "numbers are rigged" WHERE IS YOUR PROOF The trial was a witch hunt. WHERE IS YOUR PROOF that people who dont believe you are "commies" WHERE IS YOUR PROOF Mr, Biden is "incompident" WHERE IS YOUR PROOF of all your ENDLESS, ENDLESS CLAIMS.
@user-rw311
@user-rw311 Ай бұрын
I'm waiting for trump to win so interest rates drop and my house will go up in value another 100k. Bring back 2% interest rates and leave them there forever. American have a right to affordable housing and interest rates is what makes it affordable 💯💯💯💯💯
@user-rw311
@user-rw311 Ай бұрын
Trump is a true people's president. I truly believe with all the investigation on trump and his family that trump was the most honest politician to ever walk the face of the earth. Trump was the best president the world has ever seen. Trump should be a forever president. There should be a world president who all the other presidents need to answer to and trump should be that world president. Trump is a true boss man how could you not love him ♥️ ♥️ ♥️ ♥️ Trumps face should be the new face of the hundred dollar bill. Trump has the courage and the confidence of a mountain lion. We love you trump
@troutman-sw9qc
@troutman-sw9qc Ай бұрын
I'll want till you are begging for food then I can say : SUCKER
@glennhopkins2643
@glennhopkins2643 Ай бұрын
CLOSE THE BORDER NOW !!! Why is this not being done ?
@Sonofawildanimal4241
@Sonofawildanimal4241 Ай бұрын
They took our jobs!
@nancylaporte5021
@nancylaporte5021 Ай бұрын
TRUMP2024
@grannygrunt5211
@grannygrunt5211 Ай бұрын
Trump 2024!!!
@atenaistudor108
@atenaistudor108 Ай бұрын
right now it's very bad on houses prices higher than ever
@sheilaschultz7693
@sheilaschultz7693 Ай бұрын
Trump 2024 👍🇺🇲🇺🇲
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@beckygarrett4883
@beckygarrett4883 Ай бұрын
Overpriced market!
@jerroldrieger5345
@jerroldrieger5345 Ай бұрын
That's what democrats do
@RyanJohnson-pz4tb
@RyanJohnson-pz4tb Ай бұрын
the dollar is worth 21.4% less then it was 4 years ago and real estate is inflated correction coming for sure
@Ja56780
@Ja56780 Ай бұрын
I disagree with the guest speaker on this video. Home values are way overpriced and interest rates are near normal levels. They’re just greedy and don’t want to lose money on overpriced land. They know what’s coming and they hope to dump it on us.
@mrchad97z49
@mrchad97z49 Ай бұрын
right. Interest is not the problem. it is high prices! Also, when the price is lower, even the interest in real dollars paid is also lower. And when the price is lower, you can pay off a house easier and earlier and dodge the interest. When prices are higher, so is insurance, and property taxes, and purchase fee's and you need higher line of credit. It makes no sense why people focus on just interest. And when prices are lower, so is your next house! And if you do not plan on moving, like in retirement,. who cares if your house is valued slightly higher or lower? It doesnt do you any good because you are not moving. The only thing high prices does is it SLOWS the market because the newcomver is hindered and therefore existing homeowners cannot Upgrade as easily. And don't worry about reduce prices that reduces property taxes , as if it may hurt the states, because states say they have an influx of cash and are considering capping or removing property taxes. (Except cali). National Debt is not the same as State debt. At the national level, the Federal Government takes no advatange or disadvantage of home prices. PS.. I have no idea why Old houses appreciate and compete with NEW houses! It makes no sense. Now, I realize there some exceptions to that notion. Like a restored Model T .. it has some value.. Or maybe a house near Downtown is worth more because of the land. BUT AS A GENERAL RULE, used homes should not be valued the same as a new house. It makes no sense! And we see this across the full spectrum as a "standard". Like older houses have the same value as a new house. And its not true. It's a scam. Houses that are 10 or 20 or 30 years old are like buying a Used car with 100k miles on it.
@Sonofawildanimal4241
@Sonofawildanimal4241 Ай бұрын
Home price are headed for the moon 💫
@johnlerner5346
@johnlerner5346 Ай бұрын
Vote for Illegals, Criminals, Traitors, and Hamas? Or for AMERICA? TRUMP 2024
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Trump: 34 time FELON.
@laurielaurie8280
@laurielaurie8280 Ай бұрын
TRUMP 2024!!!!
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@Michaelfloud2333
@Michaelfloud2333 Ай бұрын
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@QuentinHufton
@QuentinHufton Ай бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@SchmelterEdeker
@SchmelterEdeker Ай бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
@ElveyBoddie
@ElveyBoddie Ай бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God
@Carlosilpso11
@Carlosilpso11 Ай бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Ann Marie strunk 😊🎉
@LysterCushard
@LysterCushard Ай бұрын
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?
@RBLACKPEARL7
@RBLACKPEARL7 Ай бұрын
Proud Black Woman Christian conservative New Yorker Voting 3rd time for President Trump2024-2028 Saving Our Country Again 🙏💪❤️
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@deannamarie3746
@deannamarie3746 Ай бұрын
He'll boost the economy in general, definitely 👏 Women for Trump 🙌 MAGA 🇺🇸🙏🌷
@frenchfred3
@frenchfred3 Ай бұрын
He didn’t do it before but he massively increased the debt
@aliciahernandez6203
@aliciahernandez6203 Ай бұрын
very quiet now
@HappeningKorea
@HappeningKorea Ай бұрын
AMERICA !! 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@deerhunter7482
@deerhunter7482 Ай бұрын
It’s obvious you have never built a house because you can’t buy a single wide trailer for 85k not including the lot and utilities !
@THEFERMANATOR
@THEFERMANATOR Ай бұрын
I live in a small double wide, 11 years ago it was $40K plus tax, fees, and such(came out to $54K when it was all said and done). 2 weeks ago I seen that same exact model for $170K plus tax, fees, and such. And this is just the home. How can people afford this level of inflation.
@yepdontcarebud
@yepdontcarebud 21 күн бұрын
​@@THEFERMANATORthey can't, private equity firms buy it all up. That's literally what the whole "you will own nothing" shtick was about.. and they're doing it.
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Why are banks allowed to charge people $600,000 for a $200,000 house which only really cost about $60,000 to build?
@JonM00n
@JonM00n Ай бұрын
Truth
@rheuss1
@rheuss1 Ай бұрын
Not, check some prices dude. Builders make less now that I’m than thirty years ago. As a percentage as
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Reply to: @@rheuss1 I'm not necessarily disagreeing with you. In many instances, they are making less because of the constantly inflating price of materials, and/or from having to contract out so much of the general construction; meanwhile, these banks are paving their floors in marble and sitting in ivory towers built on money the people lent to them. There are people who can build an entire house that can't even afford to live in one.
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Reply to: @@rheuss1 Another massive issue is that the methods and materials of construction are extremely outdated; Still building basically the same types of houses that they were 30-40 years ago, just less brick and more cheaply manufactured materials. In many cases, they are not well built enough to last even a full-lifetime; they don't expect you to be able to pay it off anyway, much less pass it down through a few generations. Likewise, they deteriorate so quickly that it costs a tremendous amount of effort to refurbish, and the energy washed from tearing them down gets sent to the dump. They charge interest upfront, which basically requires no real capital to produce. If they get $20,000 out of you, it's pretty much 100% profit after that in fractional reserve, 1's and 0's plotted on a graph and typed into a computer system; just sign this document you can't really negotiate or read.
@mattdarbyshire4962
@mattdarbyshire4962 Ай бұрын
​@rheuss1 really? As a homebuilder, you're ABSOLUTELY WRONG!! Building costs are sky high, land has doubled in cost, and people can't afford the loan rates. It's a disaster
@ryanvanlandschootd.c.671
@ryanvanlandschootd.c.671 Ай бұрын
Keep rates high for longer and let the housing market self correct. We can’t afford to lower rates yet
@robertadams1558
@robertadams1558 Ай бұрын
Agreed. Keep rates where they are another year houses will start to steadily come down. Not “crash” a correction
@filmingNgaming
@filmingNgaming Ай бұрын
Homes are being built like garbage
@Ja56780
@Ja56780 Ай бұрын
Every generation lot sizes are smaller, craftsmanship is worse, and more fees are piled on the buyer.
@user-rw311
@user-rw311 Ай бұрын
Trump is a true people's president. I truly believe with all the investigation on trump and his family that trump was the most honest politician to ever walk the face of the earth. Trump was the best president the world has ever seen. Trump should be a forever president. There should be a world president who all the other presidents need to answer to and trump should be that world president. Trump is a true boss man how could you not love him ♥️ ♥️ ♥️ ♥️ Trumps face should be the new face of the hundred dollar bill. Trump has the courage and the confidence of a mountain lion. We love you trump
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@patratana9369
@patratana9369 Ай бұрын
Agree Trump2024❤
@BillionaireTaxEvader
@BillionaireTaxEvader Ай бұрын
The problem is that there are too many real estate speculators.
@ralphpal
@ralphpal Ай бұрын
That is the problem.and the truth cause or inflation
@yepdontcarebud
@yepdontcarebud 21 күн бұрын
Private equity
@nicoleegger4209
@nicoleegger4209 12 күн бұрын
Truth! Most have been wrong!
@Dark_Angel_Gothic_Vampire_0066
@Dark_Angel_Gothic_Vampire_0066 Ай бұрын
Trump 2024🎉🎉🎉🎉🎉🎉🎉🎉FJB drill baby drill
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@Gwillis7
@Gwillis7 Ай бұрын
How about builders stop putting in condos everywhere and put in some actual homes… I don’t want America to become a renter nation, this will make our neighborhoods deteriorate, and there will be no pride in community anymore.
@Fastcabbage84
@Fastcabbage84 Ай бұрын
Exactly, I’m a renter and I could care less about the place I live in. I do less than the minimum.
@jameskirk5906
@jameskirk5906 Ай бұрын
God Bless our TRULY elected President Donald J. Trump!! MAGA 2024!!!
@stefslyfe
@stefslyfe 15 күн бұрын
Let’s say interest rates were 3% right now, 3% on $450000 is still a crap ton of money that most people can’t afford. Homes are tooooo overpriced right now. That’s the problem
@CalvinMorris-cf8jk
@CalvinMorris-cf8jk Ай бұрын
trump kicks butt
@spotable2
@spotable2 Ай бұрын
TRUMPERS...People that believe things without PROOF are FOOLS AND IDIOTs... TRUMP, Johnson,Giuliani/ Comer/Lake/Fox "news"/ Habba ETC, ETC, ETC... WHERE IS YOUR PROOF the election was "stolen" WHERE IS YOUR PROOF the trial is rigged WHERE IS YOUR PROOF Mr,Biden is "crooked" WHERE IS YOUR PROOF Mr,Bidens "numbers are rigged" WHERE IS YOUR PROOF The trial was a witch hunt. WHERE IS YOUR PROOF that people who dont believe you are "commies" WHERE IS YOUR PROOF Mr, Biden is "incompetent" WHERE IS YOUR PROOF of all your ENDLESS, ENDLESS CLAIMS.
@joshgroom8421
@joshgroom8421 Ай бұрын
AND WOMEN AND MEN AND CHILDREN=METAPHORICALLY- IF YOU KNOW WHAT THEAT WORD MEANS
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us Scumbag Donnie!!!
@theflyinggrip
@theflyinggrip Ай бұрын
Seems the unchecked corporations buying up all the properties to rent back to us should be discussed here as well. Who’s stopping that?
@brianherrala8238
@brianherrala8238 Ай бұрын
Absolutely nobody on our side
@tj8771
@tj8771 Ай бұрын
Good point!
@Fried52
@Fried52 Ай бұрын
It's mostly hedge funds like one owned and run by Trump's former Sec of the Treasury Steven Mnuchin. Quit his job at Goldman right after the Bush crash and started by creating and buying up foreclosures from the same people who now support Trump. These hedge funds now own almost 35% of the single family market.
@tibedog5629
@tibedog5629 Ай бұрын
We are NOT short homes... what we are short are homes that are not bought up by corporations If it was made illegal for homes to be owned by business an corporations to pad their investment portfolios we would have sufficient homes
@shanerogers9386
@shanerogers9386 Ай бұрын
Correct. The shortage is a complete lie.
@yepdontcarebud
@yepdontcarebud 21 күн бұрын
This is the only answer. The base NEEDS to get Trumps focus on this (absolute priority #1) or else.. "you will own nothing".
@wardrcaviation6132
@wardrcaviation6132 Ай бұрын
There is not a shortage
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
I think they should raise homestead exemption to more honorably reflect the inflation rate; small acreage homesteads should be land tax exempt, and property tax exempt up to at least ~$200,000.
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Stop the Steal.
@ralphpal
@ralphpal Ай бұрын
Why so blackrock can buy all.the houses
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Reply to: @@ralphpal I think you might have that backwards; Homestead exemption applies to people who are homesteading. Increasing the rights and benefits of homestead would decrease the amount of people who lose their only houses and land.
@kraftwurx_Aviation
@kraftwurx_Aviation Ай бұрын
The problem is not 7% interest rates, it's inflation caused by deficit spending. It drove down the value of your dollar and home prices took advantage of the low interest rates to increase prices. Interest rates are way up but wages are not. Thar and the value of your 401K is 30% less than it was pre covid.
@atenaistudor108
@atenaistudor108 Ай бұрын
he will take care everything i am pozitiv 👍
@spotable2
@spotable2 Ай бұрын
Do you also believe the earth is flat...People that believe things without PROOF are FOOLS AND IDIOTs... TRUMP, Johnson,Giuliani/ Comer/Lake/Fox "news"/ Habba ETC, ETC, ETC... WHERE IS YOUR PROOF the election was "stolen" WHERE IS YOUR PROOF the trial is rigged WHERE IS YOUR PROOF Mr,Biden is "crooked" WHERE IS YOUR PROOF Mr,Bidens "numbers are rigged" WHERE IS YOUR PROOF The trial was a witch hunt. WHERE IS YOUR PROOF that people who dont believe you are "commies" WHERE IS YOUR PROOF Mr, Biden is "incompetent" WHERE IS YOUR PROOF of all your ENDLESS, ENDLESS CLAIMS.
@dianabradley7582
@dianabradley7582 Ай бұрын
No one can afford houses that have doubled in price
@danielresch2975
@danielresch2975 Ай бұрын
You think😂😂😂😂😂😂❤
@misterogers9423
@misterogers9423 Ай бұрын
Boost real estate can mean multiple things. Interest rates is not the answer. It is the median home price to median income. Interest rates were above 7% for 20+ years in the 70s and 80s, but the houses were much cheaper relative to wages. I would say be careful because cutting rates when inflation is high can supercharge inflation. Higher rates can be used to reduce inflation, but it can cause a lot of other issues.
@Ja56780
@Ja56780 Ай бұрын
Exactly, my dad bought his home for around 56k on a 25k annual income. That same home today is worth 550k as a fixer upper. Home values where he is are ten times the annual income where in his time around 2-3 times.
@misterogers9423
@misterogers9423 Ай бұрын
@@Ja56780 Yes, my dad bought his house for 200k in the early 90s, which seems like a lot, but it is worth 1.4 m now. Interest rates were higher than they are now, but 3.5 years of salary would have covered the house. He was house poor for a bit, to be fair, but still a wonderful return. I think he borrowed the bank maximum. ROI wise your dad did better assuming he bought at the same time.
@ScottLarrry
@ScottLarrry Ай бұрын
The recent rise in interest rates, I must say, doesn't seem to be effectively curbing inflation. Instead, it's creating additional financial challenges for individuals. Cutting interest rates might alleviate some of the pressure.
@ChloeCarter-kd7gz
@ChloeCarter-kd7gz Ай бұрын
You make a valid point, It's clear that rising rates are a response to various economic factors, including increased imports and reduced exports. But I wonder if the continuous quantitative tightening and higher interest rates will eventually lead to some unforeseen consequences. Is it a good time to consider allocating some of our savings to stocks?
@LeahLewis-ny9iu
@LeahLewis-ny9iu Ай бұрын
The economic landscape seems rather turbulent, doesn't it? First austerity, then Brexit, and now the specter of widespread bank failures. It's always a wise move to conduct thorough research and consult a licensed advisor before making any significant investments in these unpredictable markets.
@EricaWaters-lr6zw
@EricaWaters-lr6zw Ай бұрын
I agree, Market predictions can be unreliable; we've seen that recently. It's been quite a downturn for some, while others have managed to navigate it successfully. Like myself, I'm semi-retired and have maintained a $2 million ROI after successive investments.
@OliverLiam-px3vx
@OliverLiam-px3vx Ай бұрын
That's impressive, Despite the market's ups and downs, how were you able to achieve this level of financial success?
@EricaWaters-lr6zw
@EricaWaters-lr6zw Ай бұрын
I've been fortunate to have the same money manager for nearly a decade. We entered the market early with a modest investment, and it grew exponentially over the years. We even saw substantial profits after the GameStop surge in 2020/2021. Though inflation has eroded some of our gains, we're lucky to have a diligent advisor like Desiree Ruth Hoffman overseeing our portfolio.
@Seanpfree
@Seanpfree 25 күн бұрын
Pretending regulations are to blame is ridiculous. That is true in some areas, but everywhere? BS.
@iiqurz-lzzz-5661
@iiqurz-lzzz-5661 22 күн бұрын
Keep voting Democrat and this what happens
@glennhopkins2643
@glennhopkins2643 Ай бұрын
FJB !!!!
@rheuss1
@rheuss1 Ай бұрын
The USA has been short housing units for three years. Rising prices ash’s rising interest rates, nobody can afford these 500,000. Starter homes.
@E.J.61
@E.J.61 Ай бұрын
Knoxville Tennessee is building apartments everywhere. Never seen anything like it. Subdivisions going everywhere here!!
@tj8771
@tj8771 Ай бұрын
Florida, Texas, Tennessee and Idaho are the fastest-growing states. Sadly for you, if you are conservative, my wife's raging commie friend moved from Seattle to Nashville. Sorry😢
@Fried52
@Fried52 Ай бұрын
All owned and operated by your friendly neighborhood HEDGE FUND. Thank you Steve Mnuchin.
@JTiu-yq3jp
@JTiu-yq3jp Ай бұрын
I agree, I am a Real Estate agent and I made the most money during Trump’s administration.
@neilreynolds3858
@neilreynolds3858 Ай бұрын
Oh no! I'm counting on the market to collapse so I can buy a home.
@robertmackenzie7917
@robertmackenzie7917 Ай бұрын
One problem! Power elites won't let it happen.
@pawelek7
@pawelek7 Ай бұрын
No shortage. MLS doesn’t show whole inventory of new houses and on a top of that we have a lot of empty houses being hoarded by investors/ speculators.
@VerifyTheTruth
@VerifyTheTruth Ай бұрын
Why are banks allowed to charge people of modest means upfront compounded interest on money that The People loan to the banks at low interest on good faith and credit? It should be illegal for them to loan it back in such a manner that most people are unlikely to ever see any real equity on, especially considering the controlled and consolidated state of the markets. It's essentially promulgating a lifetime of indentured servitude by unconscionable contracts of adhesion upon threat of homelessness and/or social deprivation; exponentiated even further by disproportionate wage-inflation rates, rising healthcare and insurance costs, an unsustainable divorce rate, and economic instability, among other common factors.
@MrMds414
@MrMds414 Ай бұрын
Imagine how much housing supply we would have if we were enforcing our immigration laws!
@spotable2
@spotable2 Ай бұрын
TRUMPER...People that believe things without PROOF are FOOLS AND IDIOTs... TRUMP, Johnson,Giuliani/ Comer/Lake/Fox "news"/ Habba ETC, ETC, ETC... WHERE IS YOUR PROOF the election was "stolen" WHERE IS YOUR PROOF the trial is rigged WHERE IS YOUR PROOF Mr,Biden is "crooked" WHERE IS YOUR PROOF Mr,Bidens "numbers are rigged" WHERE IS YOUR PROOF The trial was a witch hunt. WHERE IS YOUR PROOF that people who dont believe you are "commies" WHERE IS YOUR PROOF Mr, Biden is "incompetent" WHERE IS YOUR PROOF of all your ENDLESS, ENDLESS CLAIMS.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@lorihoop3831
@lorihoop3831 Ай бұрын
@robyoung-pl1gq look at Hunter. Like Father, like Son. Joe just hasn't been exposed for his shady money/weapon laundering scheme yet.
@Fried52
@Fried52 Ай бұрын
Serious? It's partly because of a lack of skilled and unskilled immigrant labor that we have a shortage. The cost of a new single family home is made up of 25-50% labor costs. These guys are responsible for building out close to 50% of our existing inventory over the last 25 years at prices you could afford.
@Ja56780
@Ja56780 Ай бұрын
They’re not buying homes. Many don’t have papers and can’t find a lender. Those who do have jobs don’t exactly have the greatest jobs. It’s not like they’re crossing the border with duffle bags full of cash.
@johnmontoya2731
@johnmontoya2731 Ай бұрын
Maybe because of EV charging stations, that could be
@iheartzanna1931
@iheartzanna1931 Ай бұрын
Feels like the housing shortage number is more like 1 trillion homes
@ralphpal
@ralphpal Ай бұрын
Why would it be good for prices to.keep.going up
@amandad6104
@amandad6104 Ай бұрын
Oh yes it will
@freddykagin
@freddykagin Ай бұрын
What a Great blessing!!! Trump is the Best blessing that can happen!!! For American 🇺🇸.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@sambuvca22
@sambuvca22 Ай бұрын
Home building, residential new construction is my line of work as a plumbing subcontractor. So guess what happened lol. God damit!
@chrissyrocco796
@chrissyrocco796 Ай бұрын
Good, I want to move.
@TheMusicdude33
@TheMusicdude33 Ай бұрын
I work in real estate and the market is horrendous compared to four years ago. Interest rates and insurance are sky high and no one is buying or selling unless they have to. I've already seen a few long term investors go upside down because they can't sell their portfolio. My income has halfed while prices have tripled. I won't make it if we don't have a change in leadership
@frenchfred3
@frenchfred3 Ай бұрын
Prices have to come down massively
@user-mf6kz3ld5r
@user-mf6kz3ld5r Ай бұрын
He means “you’ll pay even more for a home, we’ll build more overpriced homes for you to buy.”
@brianherrala8238
@brianherrala8238 Ай бұрын
Well who really wants it to be boosted? Let it collapse. Boosted equates to more expensive than now.
@Ja56780
@Ja56780 Ай бұрын
The greedy guest wants home values to continue climbing unsustainably so they don’t lose out on their profits.
@lilgbz28
@lilgbz28 Ай бұрын
I bet it will. We actually might be able to afford something.
@ubermenchlicheman
@ubermenchlicheman Ай бұрын
Prison yards will be all the rage.
@yolandamelendez7032
@yolandamelendez7032 Ай бұрын
AND DON'T FORGET, THE HOMES THAT ARE AVAILABLE ARE TOO EXPENSIVE !!!!!
@travisnai4069
@travisnai4069 Ай бұрын
I bought my 1st house the 2nd year trump was in office!
@brianelewis5582
@brianelewis5582 Ай бұрын
Its buildind fee's!!! $60k in Ca before shovel in ground. Lower fees!!! Build smaller homes!
@richardreich5090
@richardreich5090 Ай бұрын
What does boosting mean? Boosting prices is what we don’t need. We need more units to enter the market, to be exact we need millions of new houses and apartments
@Ja56780
@Ja56780 Ай бұрын
The guest speaker is scared that we have peaked in many areas and that he may lose profit on his homes if they keep sitting vacant.
@artesslior1806
@artesslior1806 Ай бұрын
Why are interest rates the issue when you look back in the past and see that the national average interest rates for mortgages was greater than 8%? The real issue is supply and demand. Too many California and new york residents fled their states in mass because of horrible state government management. This mass migration ate up all the available houses across the USA. The demand from them drove prices through the roof in areas not equipped for that mass migration killing housing for natives of those areas. Stop building mansions and build affordable housing and the interest rate will be fine.
@Ja56780
@Ja56780 Ай бұрын
Those moving from California and New York to other states really did ruin it for the majority of the other states. People were migrating here paying way over asking price and waiving inspections. Thankfully for where I’m at the influx of New Yorkers stopped last year and it’s beginning to affect the market for us locals for the better.
@ralphpal
@ralphpal Ай бұрын
It was blackrock and people.buying for airbnb You understand blackrock.brought up.a whole.neighbirhood
@Blue_collar_97
@Blue_collar_97 22 сағат бұрын
I just want to be able to afford a house for my family..
@mah7843
@mah7843 Ай бұрын
its all about regulations. less regulations = more building and faster building
@SaveManWoman
@SaveManWoman Ай бұрын
Not gonna happen until prices come back down by 50%
@americaneagle7703
@americaneagle7703 Ай бұрын
FJB!
@GenericHandle666
@GenericHandle666 Ай бұрын
When you say “boost…”
@alexbella5
@alexbella5 Ай бұрын
They dont talk about big corporations buying homes at over asking value that we the middle class cant compete with. Building homes is state by state issue and the regulations they put that it makes it hard.
@ryanlipkin6964
@ryanlipkin6964 Ай бұрын
We need more houses so the housing PRICES come down. Housing prices are outrageous. Without more homes if they lower the interest it will just skyrocket housing prices even more. You’ll never find a builder or realtor that says the best thing for the American people would be the housing prices to come down it’s always the interest. .
@Wolfcamp555
@Wolfcamp555 Ай бұрын
Or there's people that can afford a house that makes a lot more money than you.
@ryanlipkin6964
@ryanlipkin6964 Ай бұрын
I’m not Elon or Zuck so prolly a few hahahaha
@Ja56780
@Ja56780 Ай бұрын
@@Wolfcamp555let’s be real, 80-90 percent of Americans can’t afford homes. That’s just pure greed. I make twice the average household income on my own and ironically I can’t reasonably afford a home. It’s a problem when the average household with the average income can’t afford the average home.
@Wolfcamp555
@Wolfcamp555 Ай бұрын
@@Ja56780 you apparently don't make enough money either.
@Ja56780
@Ja56780 Ай бұрын
@@Wolfcamp555 Apparently reading comprehension isn’t your strong suit. I make DOUBLE the average household income on my own. I make 150k annually whereas the average person makes around 52k and average household 75k. Based off of your statement it’s ok for only the top ten percent to afford homes. You must not have a family or older kids.
@britenrhodehouse8692
@britenrhodehouse8692 Ай бұрын
If that's the case, I'll vote for Donald Duck... this housing market is absolutely devastating for most of us.
@SandraMartinez-ix6kc
@SandraMartinez-ix6kc Ай бұрын
Madelyn mayde Jiménez
@timothychoppo
@timothychoppo Ай бұрын
Trump can't save the debt crisis he can however stop the spending help get these wars right
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
His buddy started the Ukraine war and he spent $8,000,000,000,000 with nothing to show for it.
@jimmcdevitt6084
@jimmcdevitt6084 Ай бұрын
Everywhere but New York.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Waaaaahhhh!!! I hate an American State!!! Waaahhh!!! Save us CONVICT Donnie!!!
@FinanciallySavvyPT2012
@FinanciallySavvyPT2012 Ай бұрын
lol no party helps real estate. It just always goes up in price regardless per studies
@earlreid6811
@earlreid6811 Ай бұрын
So nobody can afford homes?
@pev789
@pev789 28 күн бұрын
Oh yeah because home builders control the real estate market “rolls eyes”
@thomaswilson7441
@thomaswilson7441 15 күн бұрын
💯👍🏻👏🏻👏🏻👏🏻
@user-zl9cs4ou7p
@user-zl9cs4ou7p Ай бұрын
Far too much of real life and daily opportunities are running out into your sewers. And you are still stuck like some magnets have gripped you inside
@jhs55
@jhs55 Ай бұрын
We have enough older homes we don't need new home
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@Jackie-wolf68
@Jackie-wolf68 Ай бұрын
Hate to be debbie downer but a lot of issue's here, not just if they can start bldg effin houses. Who's going to buy them the illegals ? The squatters? Most Americans are having to give up their houses, not to mention due to the loss of a house etc with this economy who the heck will have the credit to purchase this house ??? Did you know eliminating your debt and learning to live within your means will drop your credit score by 100+ points ??
@goldwingerppg5953
@goldwingerppg5953 Ай бұрын
The housing market is booming, we have the #1 economy in the world, our stock markets are at all time highs and unemployment at all time lows. The Republicans and Fox News are lying to you. Try reading the Wall Street Journal, which is a conservative newspaper.
@LearnMadSkillsSigma
@LearnMadSkillsSigma Ай бұрын
Song for Biden from Lestat, Queen of the Damned (Corn/System); Why won't you ___?
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@LearnMadSkillsSigma
@LearnMadSkillsSigma Ай бұрын
We're sorry, that's but that's the wrong answer for more carnage, but thank you for playing. As a consolation prize we're leaving you with 3 new wars. More War, Biden 2024! Or Gavin, or CumAllah, it doesn't matter.
@AndrewLion77900
@AndrewLion77900 Ай бұрын
Hmmmm...so some people think that taking the Michael Jordan of business out of office and replacing him with someone who can’t complete a sentence was a good idea?😂😂😂
@dcjc67
@dcjc67 13 күн бұрын
Housing inflation is more than 5% try almost 50%
@snapfinger1
@snapfinger1 Ай бұрын
Pent up demand. The perfect time for a real estate expert potus.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
6 Time bankruptcy guy will save us!!!!
@chamgod4721
@chamgod4721 Ай бұрын
And y’all think this a good thing? 😂🤡
@lirongarnold3508
@lirongarnold3508 Ай бұрын
From the comments, i guess nobody knows what is going on
@frenchfred3
@frenchfred3 Ай бұрын
So with trump, we’ll continue to pay too much for houses, got it
@patrapper7367
@patrapper7367 Ай бұрын
Somebody comes knocking at my door they will be met with the second amendment
@freedomforever6718
@freedomforever6718 Ай бұрын
Democrats need to learn that more government means higher prices.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@freedomforever6718
@freedomforever6718 Ай бұрын
@@robyoung-pl1gq Your Trump Derangement Syndrome is showing which is proof that you don't want America to be great.
@freedomforever6718
@freedomforever6718 Ай бұрын
@@robyoung-pl1gq Your desperation is palpable and hilarious.
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
@@freedomforever6718 Your ignorance is typical and pathetic.
@andresballzy
@andresballzy 24 күн бұрын
that guy is full of it if he thinks interest rates the problem how about force private equity conglomerates to liquidate their stronghold on single family homes and banned new builds for rents corporate greed is what’s killing average joe.
@justSTUMBLEDupon
@justSTUMBLEDupon Ай бұрын
3:26 Wow But Biden really wants me to vote for him.
@Liveabndlearm
@Liveabndlearm Ай бұрын
Lol he’ll probably file for bankruptcy on behalf of the us like he done his own companies
@weewhorobin8202
@weewhorobin8202 Ай бұрын
Well for sure it won’t be Biden lowering interest rates 😂
@audreycasassa1683
@audreycasassa1683 Ай бұрын
Trump for President!!!
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@richardtaylor9798
@richardtaylor9798 Ай бұрын
In the military there is a term “fubar”. I think we know what this means. Well I think we can change that to BUBAR: Biden’ed up beyond all recognition!!
@user-cp3jx1qi7z
@user-cp3jx1qi7z Ай бұрын
We didn't have this problem when President Trump was in office we need him. President Trump 2024!
@goldwingerppg5953
@goldwingerppg5953 Ай бұрын
You mean record low unemployment? Record high stock markets? The #1 economy in the world?
@robyoung-pl1gq
@robyoung-pl1gq Ай бұрын
Save us CONVICT Donnie!!!
@user-cp3jx1qi7z
@user-cp3jx1qi7z Ай бұрын
@robyoung-pl1gq Better than Unamerican Joe.
@goldwingerppg5953
@goldwingerppg5953 Ай бұрын
@@user-cp3jx1qi7z You mean the guy who actually goes to church every Sunday, appose to the guy trying to sell $60 Bibles you can buy on Amazon for $15 and couldn’t cite a passage from the Bible. Or maybe the guy the guy who took over for the most incompetent president in US history who was the cause of hundreds of thousands of deaths and was fired, but now we have record low unemployment, record high wages, record high stock market and the #1 economy in the world? Let’s not forget found guilty of sexual assault, business fraud, is on trial for fomenting an insurrection, election fraud and stealing hundreds of top secret documents and obstruction, while many of his lawyers and associates have pleaded guilty and are in prison, have been to prison or waiting to go to prison. When is enough, enough? “It’s easier to fool people, than convince people they’ve been fooled” Mark Twain
@cfbodman2
@cfbodman2 Ай бұрын
Just what we need more wooded areas clear cut and houses put up. Any moron know that does not help with climate change just adds to it. Yes I am a conservative and do believe trees help in lots of ways.
@matthewg8168
@matthewg8168 Ай бұрын
Gee, I can give you the main reason why we’re not building enough housing .. BIDENOMICS!!!
@Carlos-ru7vj
@Carlos-ru7vj Ай бұрын
Republican entrepreneurs, hold back investments, when a sympathetic administration rises on the horizon. Less intrusive regulations. It should give a boost to residential construction , it's not a mystery . But, you wouldn't know it , from the activity of Commercial Property Construction we've been having.
@dons3073
@dons3073 Ай бұрын
We don’t need low interest rates and you know it
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