Loading ...Its time to be happy. There’s a whole new world coming. Reversal of everything. Retail already going backwards, manufacturing forward. I think all these land lords will be going into reverse also. I always thought the MAIN reason for immigrants WAS to support housing and retail. We were taught to have two kids. Plus NY was ALWAYS an out migration state.
Without immigrants we would have reality. Lower taxes and lower housing costs. Real estate was always supported. Deductions, low rates etc. That’s over. There is no advantage for the public or business, to have abnormally high r/e prices. Newsday last week BOASTING about 7% rise in r/e prices. That’s like boasting about higher FOOD prices or higher FUEL prices. Its DUMB. This fetish they created with r/e.
The USA was good to the last drop in until the summer of 2008. The whole damn ship is in reverse gear. I suspect the biggest of the money people, Trump and his team, see or know something that’s not publically known yet. Like an economic ice berg. They have the most to lose in a big reset, and seem to be in panic mode scrambling, using much psychology. Probably a too little too late start that started during Obama.
Lar
Another bunch of unneeded jobs, if Trump makes tax returns simple. H&R Block, accountants many secretaries etc jobs created from complicated income taxes. Less regulations means less environmental jobs, endangered species jobs etc.