4.8 • 692 Ratings
🗓️ 3 December 2024
⏱️ 39 minutes
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0:00.0 | How the Fed responds to Trump's economic plan will either stabilize the housing market or cause |
0:07.3 | prices to shoot up and make home ownership even more unaffordable. |
0:12.1 | Yeah, they're all over him. |
0:13.3 | Now, the interesting thing is he's gone out and he's talking about this for a while. |
0:18.1 | I think we did a piece that he did a really interesting speech at the New York |
0:23.3 | Economic Club and part of that speech basically said that he was going to release some federal land. |
0:31.6 | So, you know, as you guys know on this channel, one of the things we talk about is supply, supply, |
0:36.3 | supply, and then the regulation, |
0:38.1 | all that kind of stuff. And I know we're going to get into this. But the reality is if it's |
0:42.9 | easier for the private sector to build, then more supply will hit the market and it'll ease prices, |
0:49.7 | both on rentals and on home. Before you go there, though, they have to understand that Trump's whole |
0:54.0 | policy is designed to stimulate growth. Everything about it is, you know, he's releasing federal |
0:58.8 | land for more building or he wants to. He wants to, you know, get tax breaks. He wants to do tariffs. |
1:04.1 | He wants to do all these things that are supposed to stimulate growth. And, you know, |
1:08.9 | we need to discuss how that also could be a problem for homeownership. |
1:12.5 | Yeah, especially on the tariff side. |
1:14.0 | I know we're going to, but I think you think about he put in those tax cuts, the the tax cut and |
1:20.4 | jobs act. |
1:21.6 | It's going to lapse in 2025. |
1:23.4 | And that's a big kind of underpinning thing. |
1:26.0 | And also don't don't forget there's a few other things on the table. |
1:28.8 | There's bonus depreciation. |
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