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Money Rehab with Nicole Lapin

Presidential Candidate Platforms Explained: Supporting Homebuyers

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 29 October 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

In the fourth installment of breaking down the economic proposals from Trump and Harris, Nicole explains the different plans former President Trump and Vice President Kamala Harris have for making homeownership more affordable. To read more on the difference between Trump and Harris' platforms, click here:https://www.cfr.org/election2024/candidate-tracker

Transcript

Click on a timestamp to play from that location

0:00.0

Money rehabbers, you get it. When you're trying to have it all, you end up doing a lot of juggling.

0:04.8

You have to balance your work, your friends, and everything in between.

0:08.2

So when it comes to your finances, the last thing you need is more juggling.

0:11.8

That's where Bank of America steps in. With Bank of America

0:14.4

you can manage your banking, borrowing, and even investing all in one place. Their digital tools bring everything together

0:20.0

under one roof giving you a clear view of your finances whenever you need it.

0:24.2

Plus with Bank of America's wealth of expert guidance available at any time you can

0:28.6

feel confident that your money is working as hard as you do. So why over complicate your money? Keep it simple with Bank of America,

0:34.8

your one-stop shop for everything you need today and the goals you're working toward tomorrow.

0:39.2

To get started, visit B of A.com slash new prose media. That's B.O.F.com slash N E. W. Pro's, P.R.O.S media.

0:50.3

B of A.com slash new prose media.

0:55.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

1:00.0

It's time for some money rehab. Okay, it's time to break down another economic proposal of the 2024 presidential race so you know how you'll be affected.

1:15.7

From the questions I've been getting in my DMs, it is clear that housing and the election are top of mind for many money rehabbers.

1:22.2

So we're going to do a mash-up episode today. Today we're

1:24.9

covering both candidates housing plans. But first let's address the elephant in the room. There's a problematic

1:31.2

contradiction with real estate.

1:33.0

Either housing is affordable or it's a way to build wealth and store value.

1:37.2

It is really tough to be both. Think about it. There's a world in which everyone can afford to buy a house on an average salary, or there's a world in which the price of real estate keeps going up so homeowners can make a return on their investment.

1:51.0

And maybe there's another world where both can be true. But if that exists, it sure isn't this one, not right now anyway.

1:58.6

So how are the presidential candidates thinking about housing policy? Well, let's start with Trump's plan.

2:03.4

For his official stance I'm pulling from the RNC policy linked on Trump's website.

...

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