Why are housing prices not coming down?

I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?

Au contraire....

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Additionally, average mortgage rate has dropped from 6.96 to 6.16%.

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This drop in interest rates equates to savings on a 30-yr fixed $400,000 loan as $211 per month ($76,000 in interest payments over the life of the loan.)
 
I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?
This coming from the side that listened to the bullshit that one could reduce sea levels and one that said fossil fuels are ending.
 
But what caused the inflation?
Paying everyone not to work, government stimulus funding, labor shortage/supply chain disruptions, flood of immigrants, and a war on fossil fuels.

But Biden Admin spent more energy on false narratives than any actions to address affordability...

"Inflation is transitory."
"It's the Putin price hike."
"Trump left us with this." (1.4 % inflation)
"Inflation Reduction Act will reduce inflation."
"Greedy corporations are price gouging."
 
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I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?
Because sellers aren't lowering their prices.
 
To bring down property prices you have to build more homes... and the best states to build in are the states with high populations... like Blue states and blue cities.... but sadly they like snails and owls better than people....

Build baby Build.... simple... blue counties must start building homes again... no homes = high home prices which brings in high property taxes for blue counties states and cities....
So dems can do the stupid shit they do... and still get reelected....
We got enough damn people here. Go somewhere else.
 
Real men built log cabins and pooped in a hole out back. #AbolishBuildingCodes #ZoningIsUnConstitutional #MAGA4EVAH
 
I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?
In answer to your OP question, it depends upon the area/market.
In some places they are dropping a bit and in others they continue to rise.
Mostly a matter of Supply versus Demand. IN areas where Supply isn't matching demand then the prices will go up.
Also depends a lot on how much home/housing one is looking for. Older and smaller homes go for less than newer and larger homes.

Immigration is a small factor, and one that might be a component of others moving/relocating to an area from an other part of the country.
One major factor is the increase of regulations and inspections and building~inspection fees, which cumulatively in some markets can be 20-33% of the costs.

The greater and more expensive the red-tape to do new builds, the larger and more expensive they are since that is the way for builders to make a reasonable profit versus more and smaller "starter" housing.

No single cause, but a matrix of many causes/factors depending where in the nation your market is.
 
I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?
Watch republicans pretend they’ve come down.
 
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Watch republicans pretend they’ve come down.
We live off of foreigners working as slaves. We have built false wealth domestically. Things can be skewered. You promote colonizers and white privilege and yet do not understand why you do. Truthfully just on part of that there are many cultures involved in privilege here.
 
I thought Trump was tightening immigration into the country and sending illegal immigrants back. If that is what he doing why are housing prices not coming down?

Also I thought there was stats saying Trump is still bringing in immigration into the country?
Rents have come down as 3 million illegal have been deported. Mortgage rates have declined. House prices dont decline. What you need are smaller starter homes.
 
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