Trump just now remarked that housing is booming🤷🏻‍♀️

Well, that validates the article then!

I blame Trump…

“high borrowing costs and falling consumer confidence in the economy”

this seems fine

Thanks Trump

Politico is just a bunch of Felon Trump enablers. Shame on you! Oh, go f*ck yourselves...

Felon's Folly Dumb Donny

Trump is looking forward to buying up properties cheap when they get foreclosed on, like he said back in 2007.

Can someone pass this along to the dummy in the white house? He seems to think that the housing market is booming... the only thing booming in the white house is him... he's the baby bummer. #ImpeachTheInsaneFelon

Now we get the Inquisition AND a Recession? Typical

I know, right? All facets of life adversely affected by this crew. My wife and I joke now, "What year is it again?".

Is there any economic barometer that has improved under Trump?

I wonder why...

Gee, I wonder why??? www.thenerdreich.com/curtis-yarvi...

Market needs to ban retail ownership of single family home.

Gee, what else can our Orange Fuhrer destroy is just a little over 100 days?

Trump's booming economy

PolitiCON is complicit in bringing the worst housing market since 2009

The Trump Slump has quickly turned into the Trump Recession. Replete with looming stagflation as Trump tariffs begin to impact prices. www.ngrippel.com/ngr-politics...

Good. We need to get out of the mindset that homes are inventory. They're HOMES, not jeans.

“Real estate can be either a capital asset or inventory, depending on its purpose and how it's held.”

A good point of incorrect thinking, good job.

Not if you understand, capital assets.

I do. You said "greedy asshole" right? No...it was fascist capitalism.

Please don’t assume or put words in my mouth. I was very clear on what I wrote.

🤘

Oh no, assumptions can definitely be made here.

"assuming something makes an ass of you and me,"

Private equity and corporations need to be prohibited from purchasing residential homes

Yes.

And hospitals, rehab centers, preschools/daycare centers and other businesses.

So many have lost jobs here in the DC MD VA (DMV), there are a lot of homes for sale. We've lost about half a million jobs: firings and also layoffs because gov't contracts were cut. Now, restaurants are closing - more jobs lost, stores are closing, more lost. You see where this is going, right?

Thanks, Trump. I just put my place on sale today.

Trump’s chaos and f**ckery are pushing up mortgage rates at the same time he’s making wrecking the rest of the economy.

Consumer confidence is bottomed out with a crazy, stupid guy driving the bus.

Good.

Absolutely truth for median home prices in SWFL

Trumponomics strikes again!

Shocking to no one who works in this industry. 💩🌀- not helping young buyers Inventory is too expensive for their income

Does this mean millennials can finally afford housing? 🤔

I'm already pissed off at the pending influx of EVEN MORE bitch ass rich ppl to my small town to buy up all the homes when prices drop and do a shitty facade flip 😭 already got stopped on a walk by a fucking Disney villain in a Mercedes wearing pearl jewelry asking if I liked living here. Because 🧵

"We just renovated a house down the street and sold it so we are thinking about doing one in this neighborhood!" Unfortunately I was so immediately irritated I couldn't think of a witty response so I just stared at her for an uncomfortably long time in silence and said "....it's aight". 🧵

(⚠️ rant here) How about get the FUCK out of my face and stop exploiting our low cost of living to do your SHITTY fucking "updated" millennial grey DOG SHIT house flips? Just because you put in some dumb fuck sliding barn doors and fuck ass shaker cabinets doesn't mean the house is worth 150K more. 🧵

You didn't TOUCH the actual infrastructure of the 70 year old house you just slapped your Pinterest dog shit over the top of it. Go to fucking hell. Anyway that's what I wanted to say to her but alas, the RBF is all she was served 😒

That's saying something. The recovery was long and difficult. Short sales and foreclosures outnumbered healthy properties is some areas through 2015 or so. On short sales, banks had a high opinion of what they were sitting on and wouldn't budge on the price.

cause prices are so high for cheap houses nowday not worth it

I have nothing to lose.

Time for the big real estate to buy, big win for trump's friends

Thanks Trump.

Kamala would have helped it soar.

And yet home prices are still recod high. Honestly. It's fake. It's all fake. It's time to storm the castle.

Blind Freddy can see U.S. housing is in a slow motion crash at the moment. Inventory of new and used housing is surging. At the same time as the admin brings international net migration to a screeching halt.

#trumpflation destroying america

Home construction is hitting the brakes

Gee, who'd have tthunk that'd happen?

Let me think, who is tanking the economie, and is thanking the trust people have in their government, eeeeuhhhh .........

No one is going to buy during this sh*tshow.

Yes they will. The wealthy will buy cheap, then hold until it all gets better in 5-10 years, then sell high. They’ll rent out in the meantime. That’s how it works. You’re being played. DON’T BELIEVE ME. JUST WATCH WHAT HAPPENS.

When folks are feeling comfortable about their future prospects they will return to thinking about buying and/or selling their homes. When there is uncertainty, they will lock their wallets. I don't hold out much hope of change of atmosphere for the next four years.

MAGA : "shut up, its all lies meant to make Mango Mussolini look bad"

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House sales rely on confidence in the future and now no one has the confidence to buy a home. Anyone could be out of a job in the next year and unable to get a new one paying the same, so a mortgage is out of the question.

Yeah, but that $5k check will really make young people wanna have kids, right?

In Florida, with homes sitting unsold and homeowners unable to afford insurance, developers are building and building. Pretty demented, right?

Florida flipped for Trump again, so they get whatever is coming to them.

Prices will simply plummet.

Not remotely surprised when Don-old and the MAGAt cult (republicans) think only billionaires deserve housing

Lolol no point in owning something that costs you double you bought it for over the years plus utilities.

Wait until personal bankruptcies clog the courts because student loans are taking every available cent of people's income...

📌

It’s all trumps fault.

And yet Elizabeth Warren is against lowering interest rates. Interesting how she was so for it before Trump won 🧐

It took me 10 seconds...

If you haven't fled the market: RUN FOR YOUR LIFE! DEPRESSION DEAD AHEAD!!

Home buyers are expecting interest rates to drop.

Tired of winning yet

Well when only the hyper rich can afford housing what does the market expect? 🖕🏼 the rich.

Lots of homes here have been on the market for months and months

The luxury home market is the only thing keeping the ship afloat as older Americans concentrate wealth at the top. WSJ reported on this a few weeks ago using #data to define who is really driving most sectors—the 3%. #usa #oligarchy

Remember NO MAJOR PURCHASES of ANY KIND until the illegitimate, fascist Trump Regime is removed!! Kill this economy DEAD! Take every dollar out and sit on it. Buy NOTHING and go NOWHERE until the felon is no longer in our White House.

Nobody can afford a house anymore. Prices up, productivity up, salaries the same. Someone is making all the money and it isn't us. Kids coming out of college can't afford a home, parents are having to help them. In 2025, the American dream is only for 10% of the population.

Trump said this morning we had great news on housing. What was it?

Just another lie. There was no great news.

Oh. Never mind. I knew he didn't read it because he can't read.

Exactly.

youtube.com/post/UgkxK42...

"...since the financial crisis." Dude, THIS is the financial crisis.

Oh, great.

MAGA!! /s

This is kind of a good thing, depending on who you are. If you are in the established upper class, this is probably terrifying. If you are at the bottom, this is a glint of hope. Basically a pyramid scheme unraveling, so people will have mixed reactions depending on which brick they are in it.

Thankyou for saying this.

People are holding off moving unless they absolutely have to. They’re waiting to see what happens with the economy and interest rates.

Bloody hell! He took us back to 2009!

Hold on to your hat, it’ll be 1929 in the blink of an eye if someone doesn’t stop him.

I should have mentioned that the financial situation is as dire as it was when Dubya destroyed it last time.

If the people wanting homes in America aren’t Americans then idc. Most people stay in apartments, we need more protections for those people.

And so it begins I feel sorry for young families that bought at the height of the market during COVID. Speculators not so much. We may see upside down mortgages again. This is the Trump effect which could have been avoided with @kamalaharris.com

Stop exploiting a basic human need for your own financial benefit. To bad, so sad

Imagine if this was Obama, or Biden, or Harris in office

So funny watching #America implode, just because you choose to #vote a convicted #felon, over a black #woman who convicted felons.

Hey, don’t lump me in with the people who voted for Trump

Good

Is there any good news in Trumps economy?

That means the cost of rent is going down fast. Right?

they will jack it up again. no way they're going to decrease rent

The American dream

Trump was supposed to make everything better

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

So funny watching #America implode, just because you choose to #vote a convicted #felon, over a black #woman who convicted felons.

When I was younger, I didn't think we should tax the rich, too much, because they make the jobs and maybe, I'll get rich, too. Now I understand I would never get rich. I have too much empathy and love of my fellow man. I've seen what wealth does to people and I'm good. I can't lie.

2009 was bad for home sales because the 'investors' revealed they were using bad loans to prop up other bad loans and the recession of 2008 happened. It's always the rich that cause the rest of us to suffer. Tax the rich. Eat the rich!

Do people remember how strong the economy was way back when Biden was president- 13 weeks ago?

Nobody, at least here in Ohio, is going to pay 50% more for a home. We have some of the highest property taxes in the nation, and cannot afford double the ticket price for a house. What was $150k is now $300k. Hell no. Taxes due will double after sale completion and tax reassessments based on sale.

Nothing to see here 👀. That is, if you ask trump. He said home sales are going great even when confronted with this exact fact! Unreal.

Since the Great Recession!! It wasn't just a financial crisis.

need taxes on vacant homes, second homes, and private equity owned homes

Not in Maine

OPPOSE FOTUS and the Fascist acts of his Clown Cabinet! And the stupidity, and the public health and economic crises!

Just fucking wonderful. My generation already got f’d in the a the last time around.

Lost my job because of Elon musk, who also destroyed my entire global career sector. Now, I get to sell my home into this bullshit? I will never forget what they've done. I will teach it to my children. I will teach it to my grandchildren and tell them to then teach their children when I'm gone.

So funny watching #America implode, just because you choose to #vote for a convicted #felon, over a black #woman who convicted felons.

💔 I'm so sorry. We shall not give trump/musk a moments peace.

I am sorry that happened to you. We all fight against this.

Trump keeps failing

Fuck the housing market