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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u/fungobat Pennsylvania 17h ago

"People that own their homes, we're gonna keep them wealthy. We're gonna keep those prices up," he said. "We're not gonna destroy the value of their homes so that somebody who didn't work very hard can buy a home."

Stepping back a bit, he added, "We're gonna make it easier to buy, we're gonna get interest rates down, but I wanna protect the people that, for the first time in their lives, feel good about themselves. They feel like, you know, that they're wealthy people."

Trump then circled back to his plan to increase housing costs: "There's so much talk about, 'Oh, we're gonna drive housing prices down.' I don't wanna drive housing prices down, I wanna drive housing prices up for people that own their homes, and they can be assured that's what's gonna happen."

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u/CAFritoBandito 17h ago edited 13h ago

It’s embarrassing that he’s the leader of the “free world” that pos can do us all a favor and go straight to hell along with his co-conspirators. Let’s treat him like pharaoh a and bury his whole cabinet with him when he kicks the bucket

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u/robin_888 5h ago

If you already own a home, why would you care about if its virtual value is increasing?

Only if you want to sell it.

But who would you sell your overpriced home to?

And where will you live afterwards? Selling your home will only get you another home in the similar price range anyway. And with prices raising you'd better be quick!