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On The Market

Would You Vote for Any of These Market-Changing Economic Policies?

On The Market

BiggerPockets

Investing, News, Education, Business

4.8858 Ratings

🗓️ 12 September 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

No matter who wins your vote during the presidential debates, odds are, the housing market will still have its problems. We’ve got high building costs, low inventory, and slow bureaucratic procedures that stop homes from being built or renovated. So, what would WE do if we were in charge of the country’s economic policies, and how would we use them to make a better housing market? Welcome to the 2024 On the Market debates, where Dave, Henry, James, and Kathy duke it out over who has the best housing policy, economic plan, and…presidential slogan. We’re putting our plans out in the open for you to vote on. Dave is focusing on construction prices, Henry wants to “Make Housing Affordable Again,” Kathy is rallying to reduce government spending, and James wants to fast-track building and renovations so housing inventory can grow. Who has the best housing market policy, and are there any you’d personally want to see on the ballot come the next election? Leave a review and let us know your thoughts, or give your take over on our YouTube channel! In This Episode We Cover Four economic policies we’d put into place TODAY to save the housing market Tax breaks for investors and builders and why the government MUST incentivize affordable housing  Speeding up permitting times with a plan that could help those who can’t afford home repairs Why we NEED more Americans learning the trades before it’s too late Are prefab homes the future of affordable housing in America? Here’s why Dave thinks so And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE  Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Live Like Jett Foundation Grab Kathy’s New Book “Scaling Smart” Jump to topic: 00:00 Intro 03:57 Make Housing Affordable Again 12:31 Path of Progress 21:21 Scaling Smart  32:19 Construction is Too Expensive Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-251 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Over 50% of Americans say inflation and the economy are of major importance as they decide who to vote for this November.

0:09.7

And in recent shows, we've covered some of what economists think of each presidential candidate's economic proposals and housing proposals.

0:17.9

But in the spirit of this week's presidential debate, we're asking what other

0:23.1

economic policies might make a difference in the larger economy and in the housing market. So

0:28.6

today, myself and our panelists are going to duke it out on the economy. Welcome to the

0:34.2

24 on the Market debate.

0:42.7

Hey, everyone, it's Dave.

0:43.9

You're listening to On the Market.

0:52.3

And today, I am joined by my esteemed panelists and political candidates for the day, I guess.

0:55.6

Kathy Fecky, James Dator, and Henry Washington.

1:02.6

I know you guys are super eager to talk politics in this election cycle, especially publicly,

1:05.3

where it's going on YouTube, social media, and everywhere.

1:06.8

This is very exciting.

1:07.7

And wait.

1:11.9

Well, Kathy, you apparently have a political science degree. Is that right?

1:17.2

I have a minor in political science, and that was a really long time ago.

1:19.0

And politics were very different then.

1:27.4

Yeah. I actually, I have to admit, my undergraduate degree is in political science and have not used that one day in my entire life and quickly went back to

1:29.7

school for data analytics, a much more practical, much more practical job. But alas, we are here

1:35.4

today. We're going to talk about economic policies that we each think makes sense. So this really

1:41.1

isn't connected to the presidential debate. These are not policies that any

1:45.2

specific candidates have necessarily endorsed or believe in. We're just talking about things that in our

...

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