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riversedge

(79,906 posts)
Thu Jan 29, 2026, 03:12 PM 11 hrs ago

Trump: I don't want to drive housing prices down. I want to drive housing prices up for people who own their homes. You

Young folks who want to buy their own homes may be living in their parents basements for longer than they thought??


Acyn @Acyn
·
2h
Trump: I don’t want to drive housing prices down. I want to drive housing prices up for people who own their homes. You can be sure that will happen


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14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump: I don't want to drive housing prices down. I want to drive housing prices up for people who own their homes. You (Original Post) riversedge 11 hrs ago OP
He wants low interest rates Johonny 11 hrs ago #1
So much for young people being able to buy a home! SunSeeker 11 hrs ago #2
Oh, so giving up on lowering inflation I guess.... unblock 11 hrs ago #3
Of Course, He Doesn't Understand... ProfessorGAC 11 hrs ago #4
Trump roadblocks upward mobility C_U_L8R 11 hrs ago #5
What a great sound byte newdeal2 11 hrs ago #6
And Global Warming just chelsea0011 11 hrs ago #7
Not to mention it's just completely wrong in the most basic, physical sense AZJonnie 11 hrs ago #9
This Helps No One OC375 11 hrs ago #8
So much for that starter home. Vinca 11 hrs ago #10
I hate the concept of a house as an investment venture rather than no_hypocrisy 11 hrs ago #11
Tell me again about his economics degree he received in 1968 from UPenn...anyone ? Deuxcents 11 hrs ago #12
Trump: "People that own their homes -- we're gonna keep them wealthy. We're gonna keep those prices up. riversedge 11 hrs ago #13
If you don't need a home Progressive dog 10 hrs ago #14

Johonny

(25,696 posts)
1. He wants low interest rates
Thu Jan 29, 2026, 03:14 PM
11 hrs ago

Which will make for cheaper loans, but will absolutely drive prices up.

ProfessorGAC

(76,044 posts)
4. Of Course, He Doesn't Understand...
Thu Jan 29, 2026, 03:19 PM
11 hrs ago

...that the gain from the higher prices is only realized if the homeowner sells.
And, the vast, vast, vast majority don't see borrowing against inflated values to be a financial strategy.
IOW, his comment makes zero sense.

C_U_L8R

(49,077 posts)
5. Trump roadblocks upward mobility
Thu Jan 29, 2026, 03:25 PM
11 hrs ago

So much for the American Dream.
Trump doesn't give a shit about you and will do nothing to help you.

chelsea0011

(10,212 posts)
7. And Global Warming just
Thu Jan 29, 2026, 03:34 PM
11 hrs ago

means more waterfront property for people the real estate expert that he is, once said.

AZJonnie

(3,063 posts)
9. Not to mention it's just completely wrong in the most basic, physical sense
Thu Jan 29, 2026, 03:47 PM
11 hrs ago

Even a third grader would be able to understand why rising sea levels means LESS DRY LAND, period, waterfront or otherwise

OC375

(520 posts)
8. This Helps No One
Thu Jan 29, 2026, 03:43 PM
11 hrs ago

Last edited Thu Jan 29, 2026, 06:14 PM - Edit history (1)

Homes are going to go back to being generational, where you eventually move back and take over the parent's home (and their care) when they get too old. Or rent forever.

Prepare to be delighted in 10 years by the inevitable resurgence of relatable, multi-generational sitcoms, and the hilarity that ensues when Gen X, Millennials and Z, all live under one roof.

no_hypocrisy

(54,497 posts)
11. I hate the concept of a house as an investment venture rather than
Thu Jan 29, 2026, 03:58 PM
11 hrs ago

a home, a sanctuary from the World. A chance to build a family, memories, to be part of a neighborhood and a community.

riversedge

(79,906 posts)
13. Trump: "People that own their homes -- we're gonna keep them wealthy. We're gonna keep those prices up.
Thu Jan 29, 2026, 04:02 PM
11 hrs ago

I shake my head!!

"People that own their homes — we're gonna keep them wealthy. We're gonna keep those prices up. We're not gonna destroy the value of their homes, so that somebody that didn't work very hard can buy a home. [...] I don't want to drive housing prices down, I want to drive housing prices up for people that own their homes."


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Progressive dog

(7,577 posts)
14. If you don't need a home
Thu Jan 29, 2026, 04:05 PM
10 hrs ago

then higher home prices are fine. Most of us don't want to live on the street.

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