Asides of the Qs/As, I enjoyed the very civilized debate between JDVance and Tim Walz. Governor Walz seems to be nervous. Moderators showed their bias towards JD Vance with smiles and politely cutting him on follow up response to Tim Walz. JD won the debate tonight🏆🥇.
Math tends to make things simpler to understand: You have a number of houses with a number of people. If you let more people come in, you have fewer opportunities for housing. It is literally that simple.
It's really not so hard. Increase supply: build houses. Lower regulations to build and create programs to reduce the cost of materials to build. Open government land for lumber and other building materials. Use imminant domain laws to re-zone and build high density housing in cities plagued by homelessness. Ban speculation on housing from investors and force wall street to sell it's inventory of single family homes. Raise taxes on non-unoccupied housing and second homes. Support the SEC in anti-trust lawsuits so small businesses can compete in building houses. No Kamala a taxpayer funded payout for the downpayment will corelate with an increase price for the overall inventory prices hurting everybody. No Trump, immigrants do not make a significant impact on housing costs in fact immigrants are overrepresented in a construction job shortage, lowering building cost. Stop half assing this, or you will lose an entire generation of voters.
Firstly, anyone that thinks a Democrat is going to reduce the cost of housing needs to get their head examined. I mean have they never been to California? Massachusetts? Seattle? New York? Every blue state has high housing costs because Democrat anti-growth policies are what cause this problem. Second, as far as the immigrants go it's very simple. Any additional population (immigrants, citizens, space aliens, whoever) shifts the demand curve for housing to the right. That action raises the equilibrium price. That's just a fundamental axiom of supply and demand. If you need a study to tell you that then clearly you slept through high school economics. Thirdly, I wish housing was as commoditized as this dude thinks it is. If something is commoditized then it has a single market price and low transaction costs. You could close on a house within minutes of seeing it and not pay some realtor 6%. Fourth, you can actually do a lot about this issue at the federal level - even if the root of the problem is local. All the state environmental impact laws (which is what NIMBYs use to block housing) have their root in NEPA. Also, the federal government spends more than anyone on housing - mostly through tax expenditures like the mortgage interest deduction, property tax deduction, and capital gains exclusion as well as through Fannie Mae guarantees and the Fed's purchases of mortgage backed securities. Take that stuff away from any home within a growth boundary and growth boundaries will disappear pretty quick because angry homeowners will show up at town meetings and drown out all the environmentalists and NIMBYs that vote for that garbage.
You’re telling me the illegal immigrants, coming from desperately poor countries with only a bag and the clothes on their backs are competing for homebuyers for homes?? 😂😂😂😂😂😂😂😂. I can’t even with this guy
Our Govt is too occupied with funding foregin countries like Isreal, Ukraine, et, etc,etc.....to give a 💩 about Americas housing crisis and health care. Both parties support sending us tax revenue to countries that would never send their tax rev to help U.S citizens😮 We have a government problem, not a party problem
Asides of the Qs/As, I enjoyed the very civilized debate between JDVance and Tim Walz. Governor Walz seems to be nervous.
Moderators showed their bias towards JD Vance with smiles and politely cutting him on follow up response to Tim Walz.
JD won the debate tonight🏆🥇.
Math tends to make things simpler to understand:
You have a number of houses with a number of people. If you let more people come in, you have fewer opportunities for housing. It is literally that simple.
Please include FOREIGNERS cannot invest their laundered money into our real estates.
"Investment" = taxpayer funded
It's really not so hard. Increase supply: build houses. Lower regulations to build and create programs to reduce the cost of materials to build. Open government land for lumber and other building materials. Use imminant domain laws to re-zone and build high density housing in cities plagued by homelessness. Ban speculation on housing from investors and force wall street to sell it's inventory of single family homes. Raise taxes on non-unoccupied housing and second homes. Support the SEC in anti-trust lawsuits so small businesses can compete in building houses. No Kamala a taxpayer funded payout for the downpayment will corelate with an increase price for the overall inventory prices hurting everybody. No Trump, immigrants do not make a significant impact on housing costs in fact immigrants are overrepresented in a construction job shortage, lowering building cost. Stop half assing this, or you will lose an entire generation of voters.
Firstly, anyone that thinks a Democrat is going to reduce the cost of housing needs to get their head examined. I mean have they never been to California? Massachusetts? Seattle? New York? Every blue state has high housing costs because Democrat anti-growth policies are what cause this problem.
Second, as far as the immigrants go it's very simple. Any additional population (immigrants, citizens, space aliens, whoever) shifts the demand curve for housing to the right. That action raises the equilibrium price. That's just a fundamental axiom of supply and demand. If you need a study to tell you that then clearly you slept through high school economics.
Thirdly, I wish housing was as commoditized as this dude thinks it is. If something is commoditized then it has a single market price and low transaction costs. You could close on a house within minutes of seeing it and not pay some realtor 6%.
Fourth, you can actually do a lot about this issue at the federal level - even if the root of the problem is local. All the state environmental impact laws (which is what NIMBYs use to block housing) have their root in NEPA. Also, the federal government spends more than anyone on housing - mostly through tax expenditures like the mortgage interest deduction, property tax deduction, and capital gains exclusion as well as through Fannie Mae guarantees and the Fed's purchases of mortgage backed securities. Take that stuff away from any home within a growth boundary and growth boundaries will disappear pretty quick because angry homeowners will show up at town meetings and drown out all the environmentalists and NIMBYs that vote for that garbage.
JDiddy is a liar He said Trump saved Obamacare 😂 Trump said Obama is not even a US citizen 😂🐍
Michael Obama . Always remember his name
@TopOfPyramid Donaldiddy Trump remember that take that
What a dumb comment
You’re telling me the illegal immigrants, coming from desperately poor countries with only a bag and the clothes on their backs are competing for homebuyers for homes?? 😂😂😂😂😂😂😂😂. I can’t even with this guy
Um.. they gotta live somewhere? First apartments and rents, then houses. 2+2=4 it's that simple .-.
two weeks ago i said that Walz appeared to be a younger version of " dementia " Joe.....his performance tonight seemed to PROVE IT
Always with the name calling. It's never about governance and policy.
What in the world are you smoking my guy? Walz was on point and addressed the issue - not sure what else you want, clown.
#JDiddy
Our Govt is too occupied with funding foregin countries like Isreal, Ukraine, et, etc,etc.....to give a 💩 about Americas housing crisis and health care. Both parties support sending us tax revenue to countries that would never send their tax rev to help U.S citizens😮
We have a government problem, not a party problem
Walz touts a 4% drop in rent, meanwhile every commodity goes up 25% lol. Unreal