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NOBODY could have predicted that a global trade war and looming recession with growing unemployment could POSSIBLY have any effect on big purchases like a house. I mean, that's as crazy as thinking that another Middle East war might affect oil prices ...

Keep running the debt up with massive spending bills, tax cuts for the wealthy, and a forever war and watch the bond market tank for a long time. Trump is adding one more bankruptcy to his resume, our country.

Yeah, I can explain. For the past fifty years, expensive housing has been sold as an investment — "Buy a house so you can sell it when you retire & live off the profit." This has led to homeowners demanding policies that increase the values of their homes, often by prohibiting new development.

It is impossible to make it so that Grandma's 100-year-old home maintains its value AND to make it so that new buyers have an affordable option, and the policy makers ALWAYS side with existing homeowners.

Dang, I can’t believe that allowing corporate landlords to exist, seeing housing costs skyrocket, and the poor and middle class wages be worth less now than 20 years ago would be bad for the market. So weird