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No wonder at $325,000 for a starter house
Oh, yeah. The Deep State in the Federal Reserve is working its magic. No rate hikes during ubama’s reign, and what? two going on three since the inauguration of our President?
Federal reserve is jacking up interest rates in order to crash the economy. That’s why housing is down.
There’s a race of sorts going on: Federal reserve trying to crash the system while Trump’s cutting regulations left and right to try and jump start the economy. No way to tell who’s going to win the race.
The legs on Obama’s table are no longer being held up. The legs on Trump’s table are being chopped.
Hasn’t there been a shortage of construction laborers? This may be the real cause.
There’s that word again: “unexpectedly”. Consider granny at the fed raising interest rates and saying she’ll keep doing so (to rob Trump of a recovery)
Tell that to my boy in Utah. He and his wife have been waiting months for their $300k+ home to be built. The builder is swamped with work, putting up homes in this price range. Any open space around Salt Lake City is being gobbled up for tract homes.
I see the same around St. George in the south.