this post was submitted on 08 Feb 2026
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politics

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Donald Trump wants to keep home prices high, bypassing calls to ramp up construction so people can afford what has been a ticket to the middle class.

Trump has instead argued for protecting existing owners who have watched the values of their homes climb. It’s a position that flies in the face of what many economists, the real estate industry, local officials and apartment dwellers say is needed to fix a big chunk of America’s affordability problem.

“I don’t want to drive housing prices down. 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,” Trump told his Cabinet on Jan. 29.

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[–] atcorebcor@sh.itjust.works 1 points 6 hours ago

One of the many good cases for land value taxes

[–] yuknowhokat@lemmy.world 1 points 6 hours ago

Yeah, cuz what we need is to price half our population out of being able to even live in a house or apartment. I am currently in a situation where the place I've been living for an extended time is being sold and the new owner doesn't want me to live here so I have to find something else that I can afford that's anywhere near the same as this. By the way that doesn't exist here

[–] AlexLost@lemmy.world 26 points 1 day ago (1 children)

Shocking news has landed. In a move everyone could see coming from a mile away, a real estate guy wants real estate prices to continue climbing, even to unreachable levels. More at 6.

[–] aesthelete@lemmy.world 9 points 1 day ago

The landlord-in-chief

[–] Diplomjodler3@lemmy.world 11 points 1 day ago

The boomers will love it

[–] MareOfNights@discuss.tchncs.de 15 points 1 day ago (1 children)

To be clear, the biggest voting block is boomers, and since they own homes, they profit from rising prices.

[–] lama@lemmy.world 9 points 1 day ago (1 children)

Unfortunately, his voting block is cross generational, though there is a bit of an older skew

[–] MareOfNights@discuss.tchncs.de 3 points 16 hours ago (1 children)

I'm mostly talking about voter participation. Also since there are a LOT of boomers, they have the most votes. 1000022791

[–] galaxy_nova@lemmy.world 2 points 7 hours ago (1 children)

Can we get the raw numerical counts for this? We’re comparing percentages which is bad practice. I.e. it wouldn’t matter if 90% of 65+ voters vote if it’s like 1000 people. Turnout isn’t the same as actual votes cast which I think you understand but you didn’t add a source to your “LOT of boomers” claim. Not saying that you’re incorrect but I’d like to see actual numbers if possible

[–] MareOfNights@discuss.tchncs.de 1 points 6 hours ago* (last edited 6 hours ago) (1 children)

Some rough estimations:

Number of Boomers: 67 mio. With 75% turnout: 50.25 mio.

Number of GenX: 65 mio. With 70% turnout: 45.5 mio.

Number of Millenials: 74 mio. With 60% turnout: 44.5 mio.

Number of GenZ above 18: ~20mio. With 48% turnout: 9.6 mio.

The USA is a geriatricacy. Not even just by the numbers, young people give up so much power by not voting.

Edit: Formatting

[–] galaxy_nova@lemmy.world 1 points 6 hours ago

Thanks for the stats! Hm that is truly depressing. Even with better turnout there are so many fricken boomers damn. I guess that makes sense given the generation moniker. Is this based on 2024 data? I’m somewhat inclined to believe that low Gen Z voter turnout is at least partially a symptom of being disengaged from the Democratic Party putting out machine candidates all the time but I of course have no way to quantify that atm.

[–] aesthelete@lemmy.world 9 points 1 day ago (1 children)

That's inflation, dude. You're basically stating outright that you want higher inflation.

[–] orclev@lemmy.world 4 points 1 day ago

He wants the biggliest inflation anyone's ever seen. Inflation so yuge Venezuela will be impressed.

[–] foggy@lemmy.world 4 points 1 day ago* (last edited 1 day ago)

Did y'all know we're giving $9B in missiles to the 9/11 guys?

$9B. In missiles. To the Saudis.

But no, totally, let's make getting a roof over Americans heads more difficult because America First or something.

[–] Catma@lemmy.world 4 points 1 day ago

Failed real estate guy wants housing prices to continue to rise.

At 11 Water is wet?