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I have a plan that will lock home loans in at 3% interest for first-time homebuyers, lowering your mortgage payments by $1,000 a month—and it won’t cost the government a cent. Check it out. #rfkjr
10 Comments

Government can’t pay for it because government produces nothing. Non-first time homebuyers will be the one paying for it through higher rates, subsidizing higher risk first time buyers.

Sounds good until you realize non first time home buyers will get higher rates to make up the difference. Sounds like redistribution to me!

😏 $kenidy @kenidy_on_sol

I appreciate your commitment to trying to help young people buy homes. However, I think this policy is misguided. The fundamental problem has been the artificial buoyancy of home prices over the past several decades due to government policy. Money printing, Fannie and Freddie, and the general mortgage lending environment all stem from this underlying agenda to keep home prices high. We need to unleash the vibrancy of the construction and real estate development industries by reducing ridiculous regulations on them, especially counterproductive nitpicking zoning regulations. If supply is greatly expanded, there will be downward pressure on prices and new homeowners will be able to afford a home.

Didn't billionaires become $4 trillion wealthier during the pandemic, while the middle class lost $4 trillion? That's an absolutely insane statistic that doesn't get talked about enough...

Children playing on a cart in Harlem, New York, 1920s..

Housing is becoming increasingly unaffordable in the US as housing prices rise faster than income when adjusted by inflation. In my opinion we need to return to sound monetary policy, reduce spending drastically and reduce taxes for everyone. Its not going to be easy to fix.

Trump can get this done as well. We don’t need you

Why not make it against the law for private equity firms to buy up all these single-family houses. If there was more of a supply, the price of housing would come down and there would be a surplus if we had not let all these private equity firms buy up 80% of the houses that were sold.

This is the only guy laying out the facts & offering real solutions.



