If you're really not a troll and genuinely believe that the Democrats have the key to a better America for ALL, provide the facts and evidence that they and their policies have what it takes to achieve that

[Gaius]

AFTER INFLATION

s&p up 7.1% since pre-COVID
vs
7.0% normal.

Some sectors did well.
Others, not so well.

[Eagle-Keeper]

@Eagle-Keeper

@FreeAndClear

Your thread seems to be a bit of everything so is there something you want to discuss?

Here’s something that I came across today:

MSN

Harris touted her proposal to build 3 million new houses in four years and create a $25,000 housing credit for first-time buyers. Presumably, the new 3 million houses will be subsidized by the federal government (otherwise they would be built anyway), while the new homebuyer credit will do the same on the market’s demand side. …

The average starter home now costs $240,000. To build 3 million houses would require $720 billion, because no builder is going to undertake such projects without a full cost guarantee from the federal government.

All this also assumes that there would be ample building supplies and construction workers available to build an additional 3 million houses over the next four years, beyond the houses already planned. That’s a big assumption. America’s annual new home construction is 1.4 million, so Harris’s proposed 3 million new units is an increase of more than 100 percent.

Harris also assumes that a federal program could somehow find local building sites and cut through all local regulations. Harris forgets that there are reasons why the houses she wants are not being built already.

It’s a good read. Clearly Harris isn’t providing any real details as she’s just doing what all liberal politicians do is simply promising people “free stuff” from government in order to try and buy votes. Here’s another take on this:

MSN

Here’s more regarding housing:

https://www.msn.com/en-us/money/realestate/u-s-housing-market-is-on-the-verge-of-a-vicious-cycle-which-is-not-good-for-america-lennar-mortgage-head-warns/ar-AA1t5ea6?ocid=msedgntp&pc=LCTS&cvid=4abf3320b27149e8bc5f5058824bac2d&ei=119

“Decades of over-regulation have made it increasingly difficult to build new homes and rehabilitate old ones,” Escobar said, according to prepared remarks. “For many small builders, it’s now close to impossible. And as fewer new homes come on the market, the cost of other homes rises even faster.”