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🚨Governor DeSantis says Florida has a problem with boomers refusing to downsize making it impossible for young people to afford homes! “You’ve got older people that have been in their home for a long time. They've had protection against valuation increases for 30 years. They're not downsizing because if...

1,087,133 просмотров • 6 месяцев назад •via X (Twitter)

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🚨 JUST IN: JD Vance DROPS this line on Republicans as millions of Americans fall for socialism "If we don't get this right, don't blame young people for being sympathetic to socialism! We've got to blame ourselves!" "Making it possible for young people to afford to buy a home. THIS is how you stop socialism!" "And I think what is so unique and refreshing about Donald Trump's economic policies is that it's not the same old economic ideas that you would have heard 30, 40 years ago." "You DON'T stop socialism by throwing slogans about the free market." "You stop socialism by making people's lives BETTER." "I would say to that young person that you as an American citizen deserve to have a good life in this country, and you deserve to have a government that is making it easier for you to start a family, for you to afford to get a good education, for you to have a good job, for you to afford a home." "And what I would also say is that whilst these things sometimes take a little bit of time, we are already seeing the positive results come from the president's economic policies." "We're seeing trillions of dollars of new investment into this country, which means good middle class jobs for young people, middle income people, all across our country." "We're seeing housing prices finally stabilize. They doubled during the Biden administration." "They have finally kind of flatlined during the first year and a half of the Trump administration. We also want to get interest rates down, of course, so that young people can afford a home." "We want people to be able to afford the good things about this wonderful country that we all live in." 🇺🇸

Eric Daugherty

40,316 просмотров • 1 месяц назад

David Friedberg explains that owning a home is worse than investing in stocks Calls it the "Great lie" FRIEDBERG: "This is one of the great lies. Convincing everyone that the great American dream is to own a house. When owning a house for a lot of Americans ends up putting all your capital in one asset, and you've got to basically get the price of housing to go up every year to keep everyone moving up the ladder." "So now, fast forward 30, 40, 50 years, young people can't afford to buy a house anymore because we've pushed the asset value up so much to try and make sure that everyone's got good household wealth." BARTLETT: "We are told. I mean, that's the sort of central idea once you leave university—is to figure out how quickly you can get a mortgage or buy a house." FRIEDBERG: "Great lie. It's one of the great lies. And there's a lot of countries where people have been able to accumulate capital and jump that ravine from labor to capital much more quickly when they don't buy a house because they can invest in stuff. They can buy, you know, the S&P 500, which you can just buy on an E-Trade or Robinhood account, and you can just own it; on average, it will make you 10-11% a year. You just put your money in that, you're making 10-11% a year, and it can go up every year, and you don't have to pay taxes. You don't have to pay property tax. You don't have to pay insurance. You don't have to deal with repairs and maintenance. All that sort of stuff. So, a lot of people would have been better off, depending on the markets that they're in. There's some markets that ballooned, but a lot of people would have been better off over the last 30 years actually owning the S&P 500 than owning their home and paying for the rent on a home."

Tony Jacob | FindaClip.com

449,725 просмотров • 12 дней назад