Larry Kudlow * Powells Destroying The Real Estate Markets He's Got to Go.

[glenn walker]

Destroying sales, refinances, appraisers incomes, lenders and all the ancillary services involved. My guess is 12 more months of this will end most appraisers and loan officers careers. The average appraiser is on life support and millions of other real estate careers are crashing.

 

[John Hassler]

Destroying sales, refinances, appraisers incomes, lenders and all the ancillary services involved. My guess is 12 more months of this will end most appraisers and loan officers careers. The average appraiser is on life support and millions of other real estate careers are crashing.

To put it in your vernacular, who cares what some bonehead washed up tv mouthpiece who wears pampers thinks.

 

[Dublin ohio]

To put it in your vernacular, who cares what some bonehead washed up tv mouthpiece who wears pampers thinks.

I thought we were supposed to move on beyond Biden

 

[Charles West]

To put it in your vernacular, who cares what some bonehead washed up tv mouthpiece who wears pampers thinks.

Larry Kudlow would crush you under his weight of knowledge, leaving you on Halfwit Island with Fernando wondering what happened.

 

[Fernando]

Larry Kudlow would crush you under his weight of knowledge, leaving you on Halfwit Island with Fernando wondering what happened.

Larry like many of Trump picks is an entertainer from FOX.
He's bias and not qualify. Only reason he's in Trump's cabinet is his loyalty. Loyalty above merit is Trump's hiring practice.

 

[John Hassler]

Larry Kudlow would crush you under his weight of knowledge, leaving you on Halfwit Island with Fernando wondering what happened.

Of all people, I thought you would appreciate a Glenn-like response.

 

[djd09]

nobody has corrupted the real estate market more then the unethical stakeholders...especially 15th st

 

[Dublin ohio]

He's bias and not qualify.

Jibberish again

Only reason he's in Trump's cabinet is his loyalty.

He's not in Trump's cabinet. At least try to keep up

 

[Elliott]

Powell is the deep state's finance sector version of Dr. Fauci with TDS. The rate set by The Fed assures the top 10% and banks keep high returns on deposits. The bottom 50% have to pay the higher rates on credit cards and auto loans. The annual cost of the national debt is 15% of the federal budget and reducing rates would decrease that cost by hundreds of billions of dollars. While mortgage rates are influenced by the Fed rate, the 10-year treasury and 'the market' sets the mortgage rate.

I have a rental that I would just as soon sell since its net return on equity is only about 5%, but I hate the idea of having to pay $100,000 in capital gain tax. So if the Trump administration wants to eliminate the capital gains tax, I would be more than happy to increasee the housing supply for a first time home buyer and use the proceeds to buy stuff that is more fun.

 

[John Hassler]

I have a rental that I would just as soon sell since its net return on equity is only about 5%, but I hate the idea of having to pay $100,000 in capital gain tax. So if the Trump administration wants to eliminate the capital gains tax, I would be more than happy to increasee the housing supply for a first time home buyer and use the proceeds to buy stuff that is more fun.

I understand this point of view. Lots of people do.

So what will happen to prices when all these like minded people decide to sell while the window of opportunity is available?

What if you just sell your building to a family member, reap the tax free gain, who then sells it back to year a year later? Heck, who needs family members when you really think about it.

Point it there are consequences to consider besides the intended ones.