• Housing prices are high because they 'Didn't Work Very Hard'

    From =?UTF-8?Q?Pelle_Svansl=C3=B6s?=@pelle@svans.los to rec.sport.tennis on Fri Jan 30 12:13:29 2026
    From Newsgroup: rec.sport.tennis

    In a seeming reversal from his recent promises about increasing
    affordability, President Donald Trump said during a Cabinet meeting on Thursday, Jan. 29, that his goal is to keep housing prices up to avoid inadvertently benefiting Americans who "didn't work very hard."

    "People that own their homes, we're gonna keep them wealthy. We're gonna
    keep those prices up," he said. "We're not gonna destroy the value of
    their homes so that somebody who didn't work very hard can buy a home."

    Stepping back a bit, he added, "We're gonna make it easier to buy, we're
    gonna get interest rates down, but I wanna protect the people that, for
    the first time in their lives, feel good about themselves. They feel
    like, you know, that they're wealthy people."

    Trump then circled back to his plan to increase housing costs: "There's
    so much talk about, 'Oh, we're gonna drive housing prices down.' I don't
    wanna drive housing prices down, I wanna drive housing prices up for
    people that own their homes, and they can be assured that's what's gonna happen."

    The president's latest plan comes just weeks after he announced his
    intention to make housing more affordable, including backing an
    initiative to ban corporations from being able to purchase single-family homes.

    "For a very long time, buying and owning a home was considered the
    pinnacle of the American Dream. It was the reward for working hard, and
    doing the right thing, but now, because of the Record High Inflation
    caused by Joe Biden and the Democrats in Congress, that American Dream
    is increasingly out of reach for far too many people, especially younger Americans," he wrote on Truth Social on Jan. 7.

    "It is for that reason, and much more, that I am immediately taking
    steps to ban large institutional investors from buying more
    single-family homes, and I will be calling on Congress to codify it.
    People live in homes, not corporations," he continued.

    https://people.com/trump-keep-home-prices-high-11895352

    Lol. Trump wants more ferals. Whatta joker.
    --
    "Cough cough"
    -- Suzanne Lenglen

    --- Synchronet 3.21b-Linux NewsLink 1.2