@lifegoalinvestments: The NEGATIVE IMPACT of Trump’s Economic Policy. HOME BUYERS BEWARE. Let’s follow the rules of Economics101: FIRST: Lower Taxes = More Money for Individuals to Spend = Higher Inflation THEN… Higher Inflation = Higher Mortgage Rates Everyone wants lower taxes, but the reality is, that may very well lead to inflation, and thus higher mortgage rates for home buyers. That’s the First of the Home Buyer Double Whammy… SECOND: Homes are largely built with low-cost immigrant labor (30%+ of construction workers are immigrants). If we cut down on immigration, we’re going to need to fill those roles with U.S. born workers, which demand higher wages. Higher Wages = Higher Costs. Like I said in the video, I’M NOT A HATER, my prior video was on the POSITIVES of Trump’s economic policies. But if I’m asked about the negative… It’s inflationary and may be troublesome to HOME BUYERS. #politics #economics #finance #homebuyers #mortgagerates #realestate #realtors #investing #investor
Taylor Sohns
Region: US
Wednesday 06 November 2024 20:17:23 GMT
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Anna MacLeod :
This is all so meaningless. The people who need this info refuse to understand it or accept it.
2024-11-07 02:47:17
7661
Lawrence Waters348 :
We told them
2024-11-08 19:53:11
2
notouchy :
the problem is his policies won't be felt for years until he's well out of the oval office. Then they can past the buck to the next administration.
2024-11-07 01:04:58
2342
ib8622 :
Very true. Let them find out themselves. Oh wait - they will blame it to the other guy.
2024-11-07 02:01:50
2689
justin🫠🇺🇸🇦🇷🇮🇪🇩🇪👍 :
most people are going to have to pay $600 to $1800 more in taxes unless you make more than about 350k a year
2024-11-06 21:00:11
1937
MrBeaner :
Say it louder for the ones in the back
2024-11-06 22:40:37
2220
Reynaldo Vazquez :
30% of home builders is highly unlikely… I’d say more than half.
2024-11-06 20:43:43
364
Ceacea29 :
Cost of imported wood on new builds with tarrifs?
2024-11-06 21:51:33
503
greenharbor1 :
Unfortunately this is correct.
2024-11-06 23:33:14
1076
Boat789 :
Meaning higher rents
2024-11-06 23:13:29
930
buster :
What policy? Concept.
2024-11-07 00:27:56
762
Whiskeygummyworms :
Idk if this is accurate. We have plenty of legal work force and the cut in regulation will help relieve some of the cost. This seems wrong.
2024-11-06 20:34:05
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zerothirtythree :
I'm not sure how much this will add to building costs but any materials imported will likely pass the increased tariff costs on to the buyer as well
2024-11-07 00:24:22
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dejuanfrench :
so glad I built my dream home before this election
2024-11-06 23:20:11
98
Toni Childs-Garrett :
If you don’t own a home now…it’s a slim chance anyone will be able to afford one in the future.
2024-11-07 04:13:17
478
Sam :
What economic policy? Where is it listed?
2024-11-06 23:49:53
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Sofia Angeline Ocasio :
You can simplify it and people still wouldn’t understand
2024-11-07 05:40:25
415
Moments by Paul :
So basically 2 benefits for existing homeowners?
2024-11-06 21:55:20
7
Big J :
But I’m going to be able to buy a house in 3 months for $25,000…right??!!😂😂
2024-11-07 02:40:27
27
Scarytoast 16 :
Will interest rates for homeowners go down at all? I can’t do this 6.5%
2024-11-07 01:43:40
2
JColley83 :
Why is it always lower taxes rather than higher wages. The middle class growth we saw up until the 70s was not fueled by lower taxes. It was fueled by wage growth.
2024-11-08 07:32:51
1
SlytherinsSpokesman :
look I mean I trust trump JD Vance Elon JFK n Vivek over the other guys
2024-11-07 05:20:40
7
Chris Officer :
Elon needs to hurry up with those robots😏
2024-11-06 20:32:21
17
𝓷𝓸𝓽𝓝𝓪𝓲𝓪𝓼𝓲𝓪🤍🧸 :
We are doomed 😭
2024-11-07 03:17:39
256
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