Trump Vows To Raise Home Prices In Campaign Reversal!

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I 100% agree with Trump's reversal of his campaign promise to lower home prices. That seemed totally crazy to me. Most people have a good portion of their wealth tied up in their home. Lowering home prices would be a disaster.

However he basically says he doesnt want lower home prices "so someone who didnt work very hard can buy a home". Yikes. That is totally opposite of his campaign rhetoric.

The correct answer is to say we need to build more affordable homes, something he missed entirely.




 
Well, as the prime rate goes down so does what it costs to finance a home.

You know, affordability.

That said competition in a glut of hoses for sale is what lowers home prices.

A year and a half ago you could ask pretty much anything and people would fight over it. Not so much now as interest rates have fallen, a shit-ton more houses are on the market, and rates are slated to fall more in the coming quarters.
 
Well, as the prime rate goes down so does what it costs to finance a home.

You know, affordability.

That said competition in a glut of hoses for sale is what lowers home prices.

A year and a half ago you could ask pretty much anything and people would fight over it. Not so much now as interest rates have fallen, a shit-ton more houses are on the market, and rates are slated to fall more in the coming quarters.
Lowering interest rate will RAISE housing prices. It will create more demand for homes which are alread in limited supply. No one prices their house based on interest rates. They price their home based on what the market will support. A low interest rate market creates more demand and higher home prices.

Maybe its just luck but every house in my neighborhood that goes up sells immediately still. Nationally I agree with you housing demand seems soft.

What’s the forecast for US house prices in 2026?​

After nearly doubling in the last decade, J.P. Morgan Global Research sees U.S. house prices stalling at 0% in 2026, with a slight improvement in demand likely offsetting any increased supply.
 
I 100% agree with Trump's reversal of his campaign promise to lower home prices. That seemed totally crazy to me. Most people have a good portion of their wealth tied up in their home. Lowering home prices would be a disaster.

However he basically says he doesnt want lower home prices "so someone who didnt work very hard can buy a home". Yikes. That is totally opposite of his campaign rhetoric.

The correct answer is to say we need to build more affordable homes, something he missed entirely.





He says whatever YOU want to hear. Poor people want to hear he's going to make home prices more affordable. Rich people don't want to hear the value of their homes is going to go down.

I love how Trump keeps crying about where interest rates are. If you remember, he said Obama's economy was FAKE. If the Feds raised interest rates, as they should he said, then Obama's economy would collapse.

But now interest rates are where they need to be and he wants them lowered to help his economy. Even if that's risky. We know how that works out. Remember Bush deregulated the banks so they could loan out more money? But then they didn't have to keep as much cash in reserve in case of an emergency. Seems to me like he did that so they could completely rip us off. In other words, on purpose.
 
Lowering interest rate will RAISE housing prices. It will create more demand for homes which are alread in limited supply. No one prices their house based on interest rates. They price their home based on what the market will support. A low interest rate market creates more demand and higher home prices.

Maybe its just luck but every house in my neighborhood that goes up sells immediately still. Nationally I agree with you housing demand seems soft.

What’s the forecast for US house prices in 2026?​

After nearly doubling in the last decade, J.P. Morgan Global Research sees U.S. house prices stalling at 0% in 2026, with a slight improvement in demand likely offsetting any increased supply.
Well right now in my AO there are a shit-ton of homes for sale where a year ago there were maybe a baker's dozen.

Lower interest rates are allowing them to get off their homes bought when interest was low and move. Lots of .gov workers in my AO.

Prices for older homes have come down but newer home are still high. Glad i sold my mom's place when I did.

Odd, before I typed this I just got off the phone with a guy wanting to buy my river property for stupid money. I'm thinking on it!
 
Well right now in my AO there are a shit-ton of homes for sale where a year ago there were maybe a baker's dozen.

Lower interest rates are allowing them to get off their homes bought when interest was low and move. Lots of .gov workers in my AO.

Prices for older homes have come down but newer home are still high. Glad i sold my mom's place when I did.

Odd, before I typed this I just got off the phone with a guy wanting to buy my river property for stupid money. I'm thinking on it!
Nice. Good luck on the river home. A lot of it is luck on the timing... as long as they didnt say they were an Ethiopian prince looking for a river home and need a few thousand dollars from you first. :eek:
 
I 100% agree with Trump's reversal of his campaign promise to lower home prices. That seemed totally crazy to me. Most people have a good portion of their wealth tied up in their home. Lowering home prices would be a disaster.

However he basically says he doesnt want lower home prices "so someone who didnt work very hard can buy a home". Yikes. That is totally opposite of his campaign rhetoric.

The correct answer is to say we need to build more affordable homes, something he missed entirely.





I'm not sure if any of Trumps whims are "reversals". There's no rhyme or reason (ideology) behind his policies in the first place. And his followers are happy to accept a little whiplash now and then.

"We've always been at war with Eurasia!"
 
 
Trump also said:
"We're going to make it easier to buy," the president added. "We're going to get interest rates down. But I want to protect the people who, for the first time in their lives, feel good about themselves. They feel like, you know, that they're wealthy people."

Trump also stopped corporations from buying up all the houses:
 
[Trump to bring home prices down
Trump is trying to make home prices more affordable without hurting the value of current homeowners.
Trump stopped corporations from buying homes as investments
Trump is working hard to lower interest/mortgage rates
Trump is working to let workers have more take-home pay
Trump cut tariffs on materials used to build homes

Buying a home should be easier as Trump's policies take hold
 
Trump is trying to make home prices more affordable without hurting the value of current homeowners.
Trump stopped corporations from buying homes as investments
Trump is working hard to lower interest/mortgage rates
Trump is working to let workers have more take-home pay
Trump cut tariffs on materials used to build homes

Buying a home should be easier as Trump's policies take hold
1773571962105.gif
 
Trump is trying to make home prices more affordable without hurting the value of current homeowners.

You realize that's an oxymoron right.

He want's to make a $500,000 house more affordable without reducing the $500,000 value to the current owner.

Trump stopped corporations from buying homes as investments

No he didn't. Trump doesn't have the power to keep a corporation from writing a check and buying a house. He signed an EO (not a law) aimed at reducing federal agencies from providing loans/insurance for such transactions. He didn't stop them though.

Trump is working hard to lower interest/mortgage rates

And yet mortgage rates are higher now than (a) his first term, and (b) since he took office in his second term.

1773573069514.webp


Trump is working to let workers have more take-home pay

Ya, it's working out great. They need to take home more pay to pay for the increased import taxes paid for by American consumers. Some people call them tariffs.

Trump cut tariffs on materials used to build homes

Buying a home should be easier as Trump's policies take hold

Good luck.

WW
 

I remember Correll was all happy because he believed house prices were going to go down and it would be Trump's doing. I don't think his true supporters, people with money want him to lower the value of their homes.

And they don't want to pay their employees more either. Have you heard they are going to start asking migrant workers to come back. So no Correll wages didn't go up so much that Americans started applying for jobs. These companies can't/won't pay that much. They need cheap migrant labor.

As House Agriculture Chair G.T. Thompson prepares to introduce legislation aimed at easing the farm labor crisis, farmers in the Pennsylvania Republican’s district are hoping he’s heard their cries that they need more help right now.

In Tioga County, where President Donald Trump won 75 percent of the vote in 2024, farmers are losing patience with the White House’s promise of a quick solution for farm workers. Their urgent need is highlighted by stories like those of a multigenerational dairy farm that sold off all its dairy cows because the owner could not find workers and another where a farmer’s job listings have received no responses.
 
15th post
I remember Correll was all happy because he believed house prices were going to go down and it would be Trump's doing. I don't think his true supporters, people with money want him to lower the value of their homes.
I strong suspect that what I said was I HOPE that the prices come down, based on something that Trump said.

Please don't exaggerate my comments, so that you can assert a "Gotcha".

The concept of a two tier society, when the majority fo people can never afford to own homes, that is a more YOUR SIDE of the political divide concept.




And they don't want to pay their employees more either. Have you heard they are going to start asking migrant workers to come back. So no Correll wages didn't go up so much that Americans started applying for jobs. These companies can't/won't pay that much. They need cheap migrant labor.

"They"? Who is "they"?

Employers? I know that they don't want to pay more. We have discussed this many times.

I want policy to help EMPLOYERS, to have the leverage to force employERS, to pay more.

You side with the EMPLOYERS, to make sure they have access to cheap third world labor, so that they can keep wages low.
As House Agriculture Chair G.T. Thompson prepares to introduce legislation aimed at easing the farm labor crisis, farmers in the Pennsylvania Republican’s district are hoping he’s heard their cries that they need more help right now.

In Tioga County, where President Donald Trump won 75 percent of the vote in 2024, farmers are losing patience with the White House’s promise of a quick solution for farm workers. Their urgent need is highlighted by stories like those of a multigenerational dairy farm that sold off all its dairy cows because the owner could not find workers and another where a farmer’s job listings have received no responses.

Ah, migrant pickers?

Yeah, that's fine.

Meanwhile, deport everyone else. EVERYONE else.

Hey, you catch that the one terror attack was done by a naturalized citizne who served time for helping ISIS, and then was released back into the nation instead of being deported?

Would you have done that? Or would you have taken away his citizenship and deported his murderous, treasonous ass?
 
I strong suspect that what I said was I HOPE that the prices come down, based on something that Trump said.

Please don't exaggerate my comments, so that you can assert a "Gotcha".

The concept of a two tier society, when the majority fo people can never afford to own homes, that is a more YOUR SIDE of the political divide concept.






"They"? Who is "they"?

Employers? I know that they don't want to pay more. We have discussed this many times.

I want policy to help EMPLOYERS, to have the leverage to force employERS, to pay more.

You side with the EMPLOYERS, to make sure they have access to cheap third world labor, so that they can keep wages low.


Ah, migrant pickers?

Yeah, that's fine.

Meanwhile, deport everyone else. EVERYONE else.

Hey, you catch that the one terror attack was done by a naturalized citizne who served time for helping ISIS, and then was released back into the nation instead of being deported?

Would you have done that? Or would you have taken away his citizenship and deported his murderous, treasonous ass?
I have a friend who's a naturalized citizen. A bad guy. When that Arab nut went crazy in West Bloomfield Jewish school and synagog, right by my house, because Israel murdered his family in a bombing they did, at first I thought it was him. But it wasn't. He was apprehended at the airport after they gave him a year in jail and he didn't show up. Fugative. If I were Trump I'd deport him back to Iran and take away his citizenship. Let's see what they do.

He only terrorized women after they broke up. It was never a good break up. And one woman had enough evidence and I guess the law finally had enough with him doing this and getting away with it so 1 year in jail was nothing. Now it might be 5 because he was a fugative.

Anyways, not sure at this point what's left for you to defend in this administration. Other than say we are moving in the right direction. I think not. But we shall see.
 
I strong suspect that what I said was I HOPE that the prices come down, based on something that Trump said.

Please don't exaggerate my comments, so that you can assert a "Gotcha".

The concept of a two tier society, when the majority fo people can never afford to own homes, that is a more YOUR SIDE of the political divide concept.






"They"? Who is "they"?

Employers? I know that they don't want to pay more. We have discussed this many times.

I want policy to help EMPLOYERS, to have the leverage to force employERS, to pay more.

You side with the EMPLOYERS, to make sure they have access to cheap third world labor, so that they can keep wages low.


Ah, migrant pickers?

Yeah, that's fine.

Meanwhile, deport everyone else. EVERYONE else.

Hey, you catch that the one terror attack was done by a naturalized citizne who served time for helping ISIS, and then was released back into the nation instead of being deported?

Would you have done that? Or would you have taken away his citizenship and deported his murderous, treasonous ass?
Oh no sir. Don't forget restaurants need them too. The restaurant lobby is important to Trump. No tax on tips was huge for Trump winning a lot of blue collar.

Golf courses and hotels too. Trust me bro they are starting to turn a blind eye to it. The rest you see will be just for show. Or no more than Biden did.

But hey, we have a secure border now.

As of early 2026, the Trump administration reports that border security has reached record-high effectiveness, with southern border apprehensions falling to their lowest levels since 1970. Homeland Security (.gov) reports nine consecutive months with zero illegal releases into the interior and a 95% reduction in daily encounters compared to previous, higher levels

Keep that up!!! The next Democratic President will continue this. And turn a blind eye to it just like Trump is about to. The farmers are demanding it. That's after he gave them billions in bailouts because he f'ed them with tariffs. You're paying for it all too btw. MORE. Trump is spending WAY more than sleepy joe.
 
I 100% agree with Trump's reversal of his campaign promise to lower home prices. That seemed totally crazy to me. Most people have a good portion of their wealth tied up in their home. Lowering home prices would be a disaster.

However he basically says he doesnt want lower home prices "so someone who didnt work very hard can buy a home". Yikes. That is totally opposite of his campaign rhetoric.

The correct answer is to say we need to build more affordable homes, something he missed entirely.





Kind of left out half the country, the young even with good jobs struggle with high rent,
Making it harder to save for home buying.
 
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