Trump Orders Emergency Price Relief for the US Housing Market...A shortage of homes is the ‘number one driver of housing cost,’
(www.theepochtimes.com)
💪 #MAGA. 🇺🇸
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Confiscate all the houses blackrockvanguardstatestreet bought up and start auctioning them off to regular people. Only one per household till they're all gone. That will feedsupply and lower demand and prices gradually while encouraging people to save and value what they have.
Bingo. Also confiscate all land owned by foreign nations and foreign entities cough Chyyyna cough
Yes! Auction that off to first time farmers too... I'm not sure how you become a first time farmer but I'm sure there's people out there working a lot of rented land who can't afford to buy any.
I live in a rural area and own a small farm I've had in the family for over 150 years. Our county has grants and funds for first time farmers who move here.
EVERY SINGLE ONE OF THEM are weirdo libs from big cities moving here and getting in over their head and wasting land.
Yeah, this idea needs developed... I have, in the past, worked some land but could never afford any... I've known young farm kids who've got married and just end up buying an acer or house in town and live most of there lives waiting to inherit something. A hidden consequence of drill baby drill is mineral rights leases that drove up farm land value so that most young people wanting to farm just can't afford to.
They watch a documentary and got all excited but realized it was an EXTREME amount of actual work. We’ve had a good sized garden and it’s a lot of work. Hell, just keeping the pastures mowed to get the grass growing for animals takes a lot of time. We have 15 acres, chickens, goats and horses. Also, goats are NOT great lawn maintenance creatures everyone advertises.
That part
Add to only allow US citizens to buy houses as well? Chyna quit buying our farmland!
These gargantuan investment firms have created a fake supply and demand problem to drive up the prices for themselves. It has allowed them to artificially inflate house values along with rent prices.
i'm in the middle of making a deal on a house for 218k. what's going to happen if there's a devalue, whether it's trump making it easier or a crash?
If your under contract already then you're good unless the contract falls through on contingency. If you're buying or selling right now you probably won't notice anything. A major devaluation isn't going to happen overnight, it's going to be a months long process.
Also, as long as you plan on staying there then you should be fine as well. If you plan on moving in a few years, and the price does drop, you'll have trouble selling it for anything near what you paid for it. But I'm not a financial advisor or anything.
...feasible...
I need a home yesterday. 😢
Anon,
From research, that IS the plan.
...every time I think I have an original idea... thankQ fren.
Its original to you still, and its a great observation and idea.