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ck4829

(37,390 posts)
Mon Dec 22, 2025, 03:18 PM Monday

The Affordability Crisis is a "hoax" but Trump also plans to take steps to tackle said Affordability Crisis

Trump calls affordability crisis a 'hoax.' The data tells a different story

In the spring of last year, then-President Joe Biden tried to convince skeptical voters that the struggling economy was healthy. Then-candidate Donald Trump seized on the moment and vowed to lower prices for American consumers, beating his eventual Democratic rival Kamala Harris in part with a winning economic message.

Now it's President Trump who's trying to persuade the public that the state of the economy is sound, after prices rose 3% in the 12 months ending in September and with consumers spending less on big-ticket items.

Betsey Stevenson, a professor of economics at the University of Michigan, says making that argument could be a tall order in the face of rising costs for a number of goods and services.

"My personal takeaway from the experience we had (in 2024) was that you can't tell people that prices aren't up when they're up," she said.

https://www.npr.org/2025/12/11/nx-s1-5639957/trump-affordability-hoax-economy-midterms

I guess Norada Real Estate Investments didn't get the memo -- How Trump’s 2026 Housing Reforms Aim to Tackle Affordability Crisis
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