I don't consider Trump a dumb man but his 50 year mortgage idea is pure stupidity

[ShawkFactory]

When money is cheap, buying a second property is still a smart move even if you already own a home.

I've never argued against this. In fact, I think I've gone out of my way to acknowledge that yes, it is a smart move for an individual.

Investors in the market have their place so long as the number of investors doesn't outweigh the number of end users, and that's never going to happen.

Of course that's never going to happen, but it doesn't matter. If you have 10 people and 10 homes, then a reasonable market with reign. However, if one of those 10 is wealthier and decides to buy 2 of those homes then that will put pressure on the other 9 fighting for 8 places. And prices of all of them will increase.

I don't know if there is a fix because even if you increase inventory there is only a finite amount of desirable space to live. Infinitely increasing supply is not feasible.

[crosstin]

Of course that's never going to happen, but it doesn't matter. If you have 10 people and 10 homes, then a reasonable market with reign. However, if one of those 10 is wealthier and decides to buy 2 of those homes then that will put pressure on the other 9 fighting for 8 places. And prices of all of them will increase.

I don't know if there is a fix because even if you increase inventory there is only a finite amount of desirable space to live. Infinitely increasing supply is not feasible.

Well it hasn't been going on long enough for you to say "never". Investors holding on to single family homes to rent out en masse is a relatively new phenomenon. Up until the mid 2000s that number never reached over 10%. And those that did mainly concentrated on urban and vacation areas. Now they are buying everywhere in the US, urban, suburbs, and rural. As long as they can make a buck. Of course house flippers have been going on forever, but not 20-30% of homes held on to for rentals.

[rmt]

Supply affected by technology - more national/international buyers, airbnb, zillow, realtor.com - available to all.

[Lakers Legend#32]

I consider Trump dumb as sh!t.

The only thing dumber is his cult members.