Ron DeSantis

Rank 22 of 47
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Score 27
8/4/2025, 6:36:02 PM
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In reply to:
Robert Luther
@RobertLutherFL
·
171d
@RonDeSantis from the end of 2009 to the end of 2019 U.S. home prices rose 44.6% in 10 years

from the end of 2019 to the end of 2024 home prices rose 53.3%

home prices are inflated just like the cost of everything else since 2020

bubble
Ron DeSantis
@RonDeSantis
·
171d
Lower interest rates would generate more home sales, but as the below post points out, it may accelerate a decline in home prices.

The higher rates are inhibiting price discovery and the median home price is way out of whack with median household income.
QE Infinity
@StealthQE4
·
171d
This is the harsh reality that the housing market hasn’t come to terms with

Everyone thinks rate cuts mean housing to the moon

lol. They still can’t afford the house even if mortgage rates go back to 3%

Once there’s no bid when rates drop the sellers will start to panic 💀

The statement is part of a broader discussion on housing market trends and interest rates, which are public issues. The conversation involves analyzing historical data and its implications on current economic conditions.

  1. Principle 1:
    I will strive to do no harm with my words and actions.
    The statement does not cause harm and contributes to a factual discussion about housing prices. [+1]
  2. Principle 3:
    I will use my words and actions to promote understanding, empathy, and compassion.
    The statement promotes understanding by seeking additional historical data to provide context. [+1]
  3. Principle 4:
    I will engage in constructive criticism and dialogue with those in disagreement and will not engage in personal attacks or ad hominem arguments.
    The statement engages constructively by adding to the dialogue without personal attacks. [+1]