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Oct. 21, 2024

I Analyzed Donald Trump's Housing Plan and Here's What I Found

In this episode of The Foreclosure Fix, DJ Olojo breaks down former President Donald Trump’s housing policies and how they could impact homeowners. Trump focuses on reducing mortgage rates by tackling inflation, offering tax incentives for first-time homebuyers, and increasing housing supply through new construction and regulatory reform. However, the details of how these goals will be achieved remain unclear.

Trump also proposes restricting immigration, which could impact construction labor costs and drive up housing prices. Both Trump and Vice President Kamala Harris have pledged to protect Social Security, which is crucial for many Americans.

DJ encourages listeners to be informed voters by researching candidates and ballot measures thoroughly.

Key Takeaways:

  • Inflation Control: Focuses on lowering mortgage rates and offering tax breaks for first-time buyers.
  • Housing Supply: Plans to cut red tape and use federal lands for new construction.
  • Immigration Reform: Proposed restrictions could raise construction labor costs.
  • Social Security: Both Trump and Harris aim to secure benefits for seniors.

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