I think its silly that people believe most folks will stay in one house their whole life. On top of that, you can always Refinance and pay more on your loan early. Its strange to me no one wants to talk about that.
Its also hilarious to me that when people ask for "lower housing prices" well then that means the current value of your house drops. So why would you want that instead? Is it better for others to have a chance to buy while maintaining the housing market value? Or is it better for the housing market to crash so all the value fades away? Imo, the former is better. If we were to go into another housing market crash, that might mean more people get laid off and couldn't afford a house anyway..
I also find it absolutely hilarious that Dems are finally learning that tax increases artificially increase prices. Who would have ever thought they'd finally bend the knee on that arguement. The blue cities with the highest taxes in the country, and also the highest prices in the country can't put 2 n 2 together on their own policies, but are more than happy to increase taxes every chance they get on "the rich" but funny enough, they dont want to talk about the price increases those bring and "the rich" moving away, thus no more tax revenue at all
.
The thing about tariffs is that it forces countries and companies to the table to make better deals. It forces companies to invest in america and create american jobs to avoid tarrifs. And it helps our countries businesses compete on a global scale. I mean I guess its logical leftest wouldnt want that. Who even know what the some of these loonies want.
You are just creating looser money. You are making it easier for people to buy houses they can't afford.
By loosening money, you only encourage the builders to charge even more.
That is the exact argument many make against school loans. The more you loosen loans, the more the schools think they can charge as money is looser.
The answer is not life-time mortgages. The answer is to start making less expensive houses using better technology and right-sizing a house to families REAL needs and not their desire to look like the Home-Network McMansions.
Just like the 120k pickup trucks. They way you fix that is just stop buying them. Let them rust on the lot. The cure for high prices, is high prices. People will stop buying and the price will have to come down if they want to do business.