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The Water Cooler
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<blockquote data-quote="JD8" data-source="post: 3064240" data-attributes="member: 24"><p>Honestly, what's more important to the common man? The small amount of cash he has in savings? or putting equity in a house at a low rate? Either way, having a home that you own is MUCH more important for retirement on a broad scale. </p><p></p><p>The Housing market rebound DID happen under Obama lol.... it just didn't happen like we wanted it to and in some ways it created steady growth over the back end of the administration. It even states in the article you posted, hence the comment of 30 months of continuous supply declines.</p><p></p><p>Here's a little chart for you....</p><p></p><p><a href="https://tradingeconomics.com/united-states/new-home-sales" target="_blank">https://tradingeconomics.com/united-states/new-home-sales</a></p><p></p><p>Apply the 10Y to the data point. The sales have steadily increased since ~2011.</p><p></p><p></p><p>Look, you boys can go tell it on the mountain every time the sun rises and give Trump credit for it, but you really should educate yourselves on the fundamentals of these issues and give credit where it's due. Trump is doing a lot of good things IMO, but you can't pin the housing market on him.</p></blockquote><p></p>
[QUOTE="JD8, post: 3064240, member: 24"] Honestly, what's more important to the common man? The small amount of cash he has in savings? or putting equity in a house at a low rate? Either way, having a home that you own is MUCH more important for retirement on a broad scale. The Housing market rebound DID happen under Obama lol.... it just didn't happen like we wanted it to and in some ways it created steady growth over the back end of the administration. It even states in the article you posted, hence the comment of 30 months of continuous supply declines. Here's a little chart for you.... [URL]https://tradingeconomics.com/united-states/new-home-sales[/URL] Apply the 10Y to the data point. The sales have steadily increased since ~2011. Look, you boys can go tell it on the mountain every time the sun rises and give Trump credit for it, but you really should educate yourselves on the fundamentals of these issues and give credit where it's due. Trump is doing a lot of good things IMO, but you can't pin the housing market on him. [/QUOTE]
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