this post was submitted on 07 Nov 2024
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Yeah, as much as I've shit talked libs on here the past few days, the Trump supporters in my life have been just as insufferable.
"The economy is going to be great!"
"Interest rates are going to go down so it'll be easier to buy a house"
"Prices are going to go down"
We've already been through this at least once in our life times. Whatever "economic" recovery there's going to be is going to be to the benefit of the rich while everything will remain expensive for the rest. I really want to know what this mythical time Trump supporters talk about just a mere 4 years ago, between 2016 and 2020, when everything was great. Aside from stimulus checks and increased unemployment benefits in the last year of his presidency, what else did he do to improve people's lives prior to that?
Democrats and Republicans really have no sense of object permanence.
Tbf housing (buying or renting) has gotten a lot more expensive since 2016-2020. I’ve been in the same line of work making steady increases and houses I was looking at buying in 2018-2019 are now out of my ability to pay (even by equalizing the interest rates). I looked up my old apartment from 2016-2017 and the rent increases since then are way more than my pay increases.
When it comes to consumer goods, I would agree that pay increases have gotten closer to inflation (but still not there), so I do think people will focus on the price increases without pay increases. But then again a lot of Trump supporters probably bought a house before 2016 so their griping is unwarranted.
Whenever my wife and I see a house for sale, we'll go on Zillow and try to guess previous selling prices. It's almost always like:
2010 - $165k
2019 - $200k
Now - $400k