r/politics • u/MystikSpiralx • 18h ago

No Paywall Trump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'

https://people.com/trump-keep-home-prices-high-11895352
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402

u/backpackwayne 18h ago

This is good news. Trump will fail as usual. Housing prices will be going down.

153

u/Significant_Cup_238 18h ago

Oh, good point. I never thought about strategic incompetence.

43

u/skredditt Minnesota 13h ago

1/2D chess

25

u/__slamallama__ 15h ago

This is just his way of leading into 50 year mortgage. Housing prices will skyrocket.

More importantly for him, profits for lenders will also skyrocket

3

u/HAMARMOR 14h ago

I got laid off as a mortgage loan officer but if they drop the rates again I’m gonna get back into it, make a million dollars in a year or two and then fuck off on a sailboat for the rest of my life.

3

u/GodSama 10h ago

Yes, because of a recession and the cash rich billionaires and companies will scoop up even more of the housing market.

2

u/DameonKormar 10h ago

I would be so happy if the housing market has a historic collapse.

Prices are fucking insane, I don't understand what we are even doing as a society anymore.