“””If we don’t fix the homeownership problem in this country, the cost-of-living crisis, and if we don’t give the next generation [a chance] at being owners and not renters, we are going to see what I call ‘Mamdani-ism’ spread across the country,” he predicted.””
With all due respect to Kirk... home ownership is NOT the biggest threat to Republicans OR that this nation faces right now. That being recovery of the decimated economy by the previous Democrat administration (as usual). With a thriving economy...ie plenty of jobs, higher wages, increased income, etc.... comes the ability to purchase homes.
Therefore, repairing the economy is THE main problem we face re: “home ownership”. Remember how the Democrats solved that “problem” by forcing banks to lend home loans to minorities that would never be able to repay those loans. Which further damaged the economy by melting down the mortgage loan industry. Let’s not go off the down that same “Jack@ss Lane” road.
Bottom line...”Mamdani-ism” (communism) will only spread if the economy is not improved under Trump, resulting in the Democrats winning their power back in 2028 (and control of Congress in 2026). Powell needs to be shown the proverbial door, and a non-partisan with a working brain cell put in that position, so that interest rates can start coming down again. That’s a first step.
The housing crisis is just a symptom of the disease.