Pooka
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User ID: 36721404
 United States
01/12/2019 10:20 PM
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Report Copyright Violation | America’s Housing Crisis Could Imperil Trump’s Presidency [Posted for discussion] Many of the administration’s most famous policies are impediments to affordable construction.
Donald Trump is right that the United States desperately needs more walls. He’s just wrong about their ideal dimension, purpose, and location. The U.S. need not spend tens of billions of dollars on a single barrier extending along the southern border between the United States and Mexico. Rather, what the suddenly wobbly U.S. economy could really use is millions of walls at 90-degree angles. I mean lots and lots of housing.
America’s last housing crisis was fairly complicated. Too many families bought houses they couldn’t afford, too many banks staked huge positions on housing debt, and when home sales, home prices, and on-time mortgage payments declined at the same time, the deck of cards came crashing down.
Today’s housing crisis is simpler: not enough supply. After the Great Recession, the adult population grew, but construction spending fell. In 60 years of record-keeping by the Federal Reserve Bank of Kansas City, home-building per household has never been lower. [ link to www.theatlantic.com (secure)] Prayer is the most powerful force on earth.
“I care not for a man's religion whose dog and cat are not the better for it.” Abraham Lincoln
I sign all karma given. Would that those giving it to me followed suit. |
Jake
User ID: 76890717
United States
01/12/2019 10:22 PM
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Report Copyright Violation | Re: America’s Housing Crisis Could Imperil Trump’s Presidency [Posted for discussion] yeah it has nothing to do with the 50 million illegals here quadrupling the prices of housing its trump fault, orange man bad Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!
Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes." |
