"Coming Soon"
I've seen it on street view. This is just a similar, representative example, without the signage:
Posted on 11/16/2025 2:01:14 PM PST by E. Pluribus Unum
We need a Marshall Plan for housing, a collection of broad initiatives to make homes more affordable and put the American dream back on track
Homeownership has long been part of the American dream, but that dream has been deferred.
Households in their 30s have an ownership rate of just 42% — more than 20 points lower than the national average.
The median age of all home buyers is a record-breaking 59, and the age of a first-time buyer is 40 — up from 29 in 1981.
As a solution, the Trump administration is floating a 50-year mortgage.
Though I disagree with that specific idea, I am heartened that they are brainstorming ways to tackle the problem.
We need a Marshall Plan for housing, a collection of broad initiatives to make homes more affordable and put the dream back on track.
The federal government can use its bully pulpit to get changes to red tape and regulations that are holding back building, and encourage policies that would increase housing and decrease costs.
To start, the White House and Fannie Mae should instead promote shorter, 20-year mortgages.
As Ed Pinto of the American Enterprise Institute has argued, a 20-year loan can be paid off "when the 30-year-term loan leaves most homeowners saddled with another decade or more of mortgage payments, the cash flow freed up from a paid-off shorter-term loan is available to fund a child’s post-secondary-education needs and later turbocharge one’s own retirement."
The 20-year loan could be incentivized with a first-time buyer tax credit.
The decline in homeownership is a problem that must be addressed federally and locally.
This would be especially important today when the vast majority of taxpayers no longer itemize their tax returns — which means they cannot avail themselves of the deduction for mortgage interest.
(Excerpt) Read more at foxnews.com ...
BRILLIANT POST 👍👍
We need to treat the house as the home for the family. Oh wait, what happened to the family?
Property taxes are killers.
We just need to send the illegals home.
Problem solved.
First, deport 30,000,000 illegal aliens, and watch reduced demand for housing lower prices.
Win in 2028.
Then take up a different issue.
This is easy to solve, folks.
Deport 100 million illegals, fake refugees, and H-1B job thieves and we won’t have a housing crisis.
KICK OUT ALL THE ILLEGALS & OTHER TRUANTS
THEN MAKE A SERIOUS NEW EVALUATION OF THE SITUATION.
FORCE AN AUDIT OF THOSE IN SECTION 8, ALSO.
INCORRECT INFO===INCORRECT ANSWERS
EXACTLY
I AM IN MY 3rd HOME PURCHASE-—(1966) WITH A HIGH SCHOOL EDUCATION & COMMUNITY COLLEGE CLASSES IN ACCOUNTING-—NO DEGREE.
THE CURRENT CAPITAL GAINS TAXES:
MARRIED? FIRST $500,000 IN CAPITAL GAINS IS NOT TAXED
SINGLE??? FIRST $250,000 IS NOT TAXED.
CAPITAL GAINS IS NOT THE PROBLEM.
LIVING EACH DAY AS THO YOU ARE A ROCKEFELLER IS THE PROBLEM.
WANTS ARE NOT NEEDS.
PEOPLE UNDER 40 NEED TO LEARN THAT.
I SWITCHED JOBS ALOT, BUT BOUGHT MY FIRST HOUSE IN 1966—FOR $1 MORE/ MONTH THAN THE RENT I WAS PAYING ON AN UNFURNISHED 2 BEDROOM 2ND FLOOR APARTMENT. OWNED IT 29 YEARS.
They are NOT Capital Gains.
They are theft due to decades of Inflation.
Yet High School and College didn’t teach you to turn off your caps lock? How long have they been stuck on?
"Coming Soon"
I've seen it on street view. This is just a similar, representative example, without the signage:
Many people don't want the starter home. They want the 4-Bedroom, 2 1/2 bath, 2200+ square feet, right out of the gate. Oh, and let's not forget the granite countertops, stainless steel appliances,....blah...blah...blah. Gotta keep up with the Joneses after all.
And deport 20 million parasites.
Block BlackRock, Vanguard and any other domestic or foreign equity vulture from owning housing. Block any and all environmental laws keeping us from producing Lumber, Cement, and any other building materials…to Hell with the spotted owl. Let houses be financed through credit unions, who would offer special rates for first time buyers.
Let’s create affordable houses:
2026 $420,000
2027 $400,000
2028 $380,000
2029 $360,000
2030 $340,000
2028 $320,000
2029 $300,000
2030 $280,000
2032 $260,000
2033 $250,000
2034 $245,000
....
Young people who bought in recent years would find themselves underwater big time.
If house prices gradually fall, first time buyers will avoid buying, so few new dwellings would get built. That would result in rents going up.
If house prices fall gradually or big time, mortgage downpayment requirements would probably soar.
This will amaze many:
https://dqydj.com/historical-homeownership-rate-united-states/
Historical Homeownership Rate in the United States
Graph.
All that said: “home ownership” implies one owns the home, mortgage and debt free. The fact is, until it is paid off - the bank owns it.
“We do need to take a page from Margaret Thatchers playbook and sell off public housing to the residents.”
Only a minority of units in a housing estate were sold off, mainly to get money for then needed repairs,
The people that bought the minority of units get to pay the majority of upkeep costs.
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