Seymour Flops
Diamond Member
Home prices were driven artificially high by Biden's millions of illegals flooding rentals. If Trump deports enough of them to bring home prices down, the owners will lose nothing. The value of their home is theoretical until they actually sell it. Yes, they may be upset if their neighbor sold their home for 300K and they only get 250K two years later, but that will still be a gain for them over what they paid for their home originally.Question. Under Biden republicans said home prices were too high. Are they going to lower the prices of homes? Won’t that hurt home owners?
If you are telling people who want to buy homes you are going to bring the prices down, what is that telling people who think their home is worth x amount of money?
The losers will be the people who made the poor decision to buy a home during an artificial price bubble.