How to make housing affordable again: -Stop printing money. -End Fed interest rate suppression + MBS buying. -Wind down Fannie/Freddie → no more FHA guarantees. -Kill all tax breaks/subsidies for homeowners. -Sell unused govt land for new home development. -0% corp tax rate on profits from building single-family homes. -50% sales tax on foreign buyers → use revenue to cut local property taxes.
Charlie Bilello
Charlie Bilello10.8. klo 02.35
The median household income necessary to purchase the median priced home for sale in the US ($124k) is now 57% higher than the current median household income ($79k). This is the most unaffordable housing market in history. Video:
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