Trump is Slamming the Appreciation in Home Values

[JLW]

Our home is worth $100K more than we bought it for three years ago. I'm pretty happy about that.

You're not a socialist like many Trumpers are apparently.

 

[Mac-7]

The mortgage-backed securities that caused the '08 crash still haven't been cleared out of the system...The Fed bought them up to keep the market afloat.

Guess who wins from the next crash?

I dont know but it wont be me

 

[Oddball]

Wow that is a very socialist opinion. Never took you for a socialist. Who knew! Seems a lot of Trumpers are closeted socialists the way they are ranting against the free market.

Oh, my heaven's, home prices are appreciating!!!!!!!!!!!!!!!!!!!! What a catastrophe! LOL

It's called "sarcasm", sub-imbecile.

And I'm not a "Trumper".

 

[Oddball]

I dont know but it wont be me

The Fed wins....They're the ones holding all those forcloseable debt instruments.

 

[JLW]

It's called "sarcasm", sub-imbecile.

And I'm not a "Trumper".

Lol..try again. It was your honest opinion. You’re confused as to your own beliefs.

 

[Freedomisneverfree]

How on earth is this a bad thing? Why would anyone be unhappy about their house being worth more than when they first bought it? This sounds more like something Bernie Sanders would say.

It just means less people can afford a home. Interest rates are 7.5% based on a $400,000 home would be $2,797 a month not including taxes and insurance.

 

[Godboy]

How on earth is this a bad thing? Why would anyone be unhappy about their house being worth more than when they first bought it? This sounds more like something Bernie Sanders would say.

Thats great for sellers, but bad for buyers, especially first time home buyers. Its downright catastrophic for them.