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Home Brighteon Prep with Mike Interviews Audio Books
Wednesday, September 25, 2024
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Popular Articles
Today Week Month Year
CDC finally admits FLUORIDE is TOXIC to humans, especially babies, causing
neurological damage, so why not remove it from all municipal tap water right
away?
RFK Jr. says DOJ under Trump will launch RICO investigations into collusion
between medical boards, medical journals and Big Pharma
BRAINWASHED: Researchers develop AI “mind-sucking machine” to change brains of
“conspiracy theorists”
Israel’s entire occupation of Palestine since 1948 ruled illegal by the UN
Texas judge threw out prosecutions of Tren de Aragua gang members who crossed
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Can China remotely control and detonate electric vehicles?
Bill Gates shares his vision for shaping AI and controlling "misinformation"
with Oprah Winfrey
FDA-approved monkeypox vaccine causes DEATH in the vaccinated and can spread to
UNVACCINATED people and kill them too
Apple collecting private mental health data from iPhone users
Lebanon warns of “doomsday” response for West, Asia and Europe if Israel expands
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Respiratory therapist says thousands of COVID-19 patients died due to irrational
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Ex-Wall Street Journal reporter uncovers migrant trafficking network in
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Why are Michelle and Barack Obama so closely linked to rapists and sex
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Sylacauga City Council abruptly ends meeting after residents question the influx
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HYPOCRITE: NYC Senior Public Health Advisor - Jay Varma – ordered the city to
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Trump says he'll end the Ukraine-Russia conflict before even taking office if he
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transfusions
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Bill Gates says urging people to avoid vaccines is “inciting violence” and he
wants “antivaxxers” censored by AI
Globalists throwing everything they have into trying to silence free speech
worldwide (but it won’t work)
Have you seen the CAT EATERS of Ohio? Beyond the rumors, here’s what’s real
Hillary Clinton calls for criminal arrest of anyone who speaks against NATO,
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INSANE COVID COURT convicts Austrian woman of "grossly negligent homicide" for
"fatally infecting her neighbor with COVID-19"
Sen. Josh Hawley (R-Mo.) releases whistleblower report on first assassination
attempt on Trump in Butler: HAVE A LOOK
Kansas sues Pfizer for misleading the public about the risks of its mRNA
COVID-19 vaccines
Bulgaria - not Hungary - manufactured the pager bombs used in Israel attack
against Hezbollah that left 37 dead, injured thousands
People “with” the FBI, but not real agents, trying to intimidate free speech
offenders with home visits
Sunlight and clouds, not CO2, responsible for planetary climate changes
NCLA sues federal government and social media giants for censoring vaccine
injury testimonials
Kama-LIE Harris falsely claims her maternal grandfather was a “freedom fighter”
in India - but he actually served the British Imperial Government
TREASON: Ryan Routh reportedly had pre-knowledge that Trump was golfing in West
Palm Beach before allegedly trying to kill former president - who told him?
CDC finally admits FLUORIDE is TOXIC to humans, especially babies, causing
neurological damage, so why not remove it from all municipal tap water right
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Armageddon, and the great COSMIC IMPACT that levels Israel, Lebanon and Syria

--------------------------------------------------------------------------------



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Home // Current Events
Housing market seeing decline in activity due to uncertainty associated with
upcoming election
09/12/2024 // Arsenio Toledo // 1,6K Views

Tags: big government, Bubble, Collapse, debt collapse, Donald Trump, economic
collapse, economic riot, economics, economy, elections, finance, finance riot,
financial crash, housing bomb, Housing Market, Kamala Harris, market crash,
money supply, pensions, politics, risk, White House


--------------------------------------------------------------------------------


Potential home buyers in the United States are holding off on finalizing their
purchases, with market analysts and industry experts equating this anxiety over
the uncertainty associated with the election.



It should be noted that fall is traditionally a slower time for home sales, as
prospective new homeowners are wary of moving at a time when the weather is
getting colder. But this year, the data indicates that buyers are extra
cautious, likely due to the coming election in November.



Political uncertainties have been coupled with the possibility of a Federal
Reserve interest rate cut this September and confusion regarding new rules for
home buying brought on by a recent legal dispute that has entangled the National
Association of Realtors. This has led to applications for mortgages in August to
fall to their lowest level since October 2023, when mortgage rates neared eight
percent.



"Nobody knows what's going to happen," said Nicole Stewart, a real estate agent
who works for the brokerage firm Redfin and has been in the industry for a
decade, who noted that this lull in homebuying is typical during presidential
elections.



"When there's uncertainty, people are less inclined to make large purchases,"
she added. "Whether it's cars, homes, they don't do a lot of big life
adjustments until they are comfortable."




ECONOMISTS SKEPTICAL OF PROPOSED PLANS TO LOWER HOUSING COSTS

The lack of affordable housing has become a top concern among voters, and both
Vice President Kamala Harris and former President Donald Trump have vowed to fix
the housing affordability crisis if they are elected. However, both of their
proposed solutions have drawn skepticism from economists.



Harris is proposing a massive $40 billion affordable housing tax credit to
entice corporations to construct more homes as well as a $25,000 benefit to help
first-time homeowners break into the market.



Economists are concerned that Harris' proposals are lacking in detail, and what
is currently known about her tax credit for corporations and benefit for
first-time homebuyers could boost demand too much and push home prices even
higher than they are now. (Related: California Democrats pushing for bill to
help ILLEGALS own homes in the state by covering down payments on home
purchases.)



"We don't have tons of details," said Michael Strain, an economist at the
American Enterprise Institute. "So much of [Harris' proposal] depends on how it
is implemented."



Trump has pledged to lower interest rates and deport hundreds of thousands of
illegal immigrants who are inflating housing demand. Research indicates that
around a third of the more than 6.3 million households with undocumented
migrants in them do not live with either American citizens or lawful immigrant
residents, and thus could be subject to expulsion. If Trump's plan is fulfilled,
it could see the market cool enough to allow many homebuyers to purchase homes
both at substantially lower prices and lower rates.



However, economists have warned that deporting migrants will most likely cut
into the workforce of the construction industry and limit new housing supply,
given that around 25 percent of construction workers in the U.S. are
foreign-born.



Economists have noted that some of the proposals from Harris and Trump are
merely bandaid solutions to decades of housing market policy mismanagement, and
they believe there are no quick fixes for an affordable housing shortfall that
has been getting worse since the Great Recession 15 years ago.



Watch this clip from Fox Business discussing how one of the top criticisms of
Americans during this Democratic administration is the housing affordability
crisis.











This video is from the NewsClips channel on Brighteon.com.




MORE RELATED STORIES:

Study finds home ownership in California has become increasingly unattainable
due to disparities between wages and housing prices.



Montana's pandemic-driven real estate boom causes sudden increase in property
taxes.



Florida home prices stagnate as housing supply surges.



Massachusetts governor's plan to fill former Boston veteran housing with
HOMELESS ILLEGALS sparks outrage.



THE PRECIOUS ONES: Maine builds "palace-like" apartments for ILLEGALS using
taxpayer money amid rising homelessness.



Sources include:



MarketWatch.com



NYTimes.com



Brighteon.com

Related Topics
big government Bubble Collapse debt collapse Donald Trump economic collapse
economic riot economics economy elections finance finance riot financial crash
housing bomb Housing Market Kamala Harris market crash money supply pensions
politics risk White House

--------------------------------------------------------------------------------


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