michaelskis
Sawdust Producer
- Messages
- 25,938
- Points
- 74
article excerpt & video
“Existing housing, people that own their homes, we’re gonna keep them wealthy,” Trump said. “We’re gonna keep those prices up. We’re not gonna destroy the value of their homes so that somebody that didn’t work very hard can buy a home.”
While Trump promised his administration would work to lower interest rates and make buying easier, he said he did not want home prices to fall.
“I don’t want to drive housing prices down,” he said. “I want to drive housing prices up for people that own their homes and they can be assured that’s what’s going to happen.”
I think this is the interesting and frightening paradox and a real concern for many people who bought homes over the past few years. However I don't think lowering interest rates will get him the results that he thinks it will.