Nick Szabo  🔑

“Why on earth would any Republican vote not to put up a Wall or against Border Security. Please explain that to me?” @Varneyco

Why would any American vote against it? If we don't have a border, there is no such thing as being an American.

easy answer, real estate owners don't want their RE to crash due to lack of demand.

Republicans' voter base won't vote to lower their biggest asset (housing) that's their only savings and they plan to live on that and social security and pensions, despite those entering the workforce not being able to afford either. Obvious answer for youth> Bitcoin.

Low income workers and welfare cases and people on the streets you can't understand don't increase real estate values. Agree thought that many are under the delusion that this is the case.

They have to live somewhere even if its multiple families to one home that creates demand. Even if they rent that increases rent demand pushing up prices. Youth entering the home buying market (inf adj) make 66% of boomers at the same time in their lives & that's w/ fed inf rates

talk to any real estate broker, it's a sellers market for (price adj for my area) 200k homes which are in terrible shape. You go to 300k+ homes, no one's buying, and the people who own them aren't even living in them, they're 2nd or 3rd owned homes.