Trump caught on to this late in his campaign when he stood out in front of Bedminster with a table of food talking about Bidenflation. Why he thought it would go away when he got elected is beyond me, it was a top election issue.
The Forgotten Man was forgotten.
Mr. & Mrs. Y would like to buy a house for $100,000 less than the current market price.
Mr. & Mrs. A through Mr. & Mrs. X don’t care to see the market price drop. Six of the families would lose most of their equity. Two of the families would be underwater.
Mr. & Mrs. C have a child who will be unable to support himself after they die. Mr. & Mrs. C were hoping to use their now ample house equity to set up a trust fund for the child.