Housing Market Prices Are About To Change DRAMATICALLY!

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  • Опубликовано: 9 дек 2024

Комментарии • 397

  • @betterbuilt1114
    @betterbuilt1114 28 дней назад +16

    If hedge funds got out of the residential market, housing would not be in shortages. There would be a glut of houses on the market

  • @amyg6418
    @amyg6418 28 дней назад +14

    You and I understand tariffs will or may cost us more.

    • @LockedUpLarry
      @LockedUpLarry 26 дней назад

      Short-term thinking, guys. Tariffs only make goods more expensive if you buy foreign goods! I think initially some items will be unavoidably high, until America makes or sources it better! The before mentioned being the point to Make America GreaT Again! Lol.

    • @TheDogPa
      @TheDogPa 24 дня назад

      And make us independent. You could move to china for cheaper houses.

  • @amadeuschats
    @amadeuschats 28 дней назад +14

    You are absolutely right! Corporate Greed! Plus these Corporations play on having us blame each other for everything going wrong! The same old story Blame the Victim!!!

  • @ReynaDPerez
    @ReynaDPerez 29 дней назад +20

    11:29 Not only that; if immigrant labor who pick the veggies 🥕 out the ground is taken away and citizens get hired to do the job (which I highly doubt) will ask for higher pay for this type of work (on knees or bending for 8hours under hot sun). We’ll see out veggie prices go up 🔝 in cost. I also hate when it’s said that immigrants are coming to the U.S. to steal jobs.. really? How is an immigrant going to take the job of the crop picking citizen?

    • @pehu436
      @pehu436 29 дней назад

      By being available.

    • @maribelacosta450
      @maribelacosta450 29 дней назад

      I agree with you. People are so angry right now that the easy fix is to blame immigrants. Get real people....how many citizens do you know that will work in the fields like immigrants? I'll wait.....

    • @theclimbto1
      @theclimbto1 28 дней назад +6

      Think about this, for just a second. The argument is 'Undocumented Workers, or Documented Workers on Seasonal Employment, are abused by the Industry... we should keep that advantage!".
      It shouldn't take it being US getting the Jobs as the reason for saying the Wages should be higher! Your argument boils down to, and I don't think you intended or realized this... 'Exploitation of this Class is a Benefit'.

    • @jaclynbannister1877
      @jaclynbannister1877 27 дней назад +1

      Does it seem unethical to anyone else to want to keep undocumented workers around so that we can pay them less for their labor and in turn pay less for our goods? Yikes

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@ReynaDPerez Cost of picking vegetables determines profit. Supply and demand determines price.
      Now you may be right, could be right, but if so only to the extent that a supply and demand value of vegetables allow. But what would occur for sure, is a more livable wage would be paid for the vegetables to be picked. Why? Because a finite supply of labor means labor is more valuable.

  • @jamesmoore560
    @jamesmoore560 29 дней назад +16

    If you buy a property for land value, and there is a structure on it, can you have the fire department use it as practice to burn it down to save on haul away cost.

    • @zzzzzzzzz-111
      @zzzzzzzzz-111 29 дней назад +2

      Just so everyone knows, there's some conditions that will make a house not eligible for this. My parents bought their first house which wasn't eligible for this because it was too close to the neighbor, another was too close to a body of water.

    • @jr.6199
      @jr.6199 28 дней назад

      They dont practice by letting a structure burn to complete ashes...think about this idea a little longer

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      Depends on local zoning laws

    • @ycoyle2803
      @ycoyle2803 11 дней назад

      My grandfather did that with a house just outside our city limits in the 70’s …. The volunteer fire department used it for a training fire.

  • @cherieburau705
    @cherieburau705 29 дней назад +11

    I like that sweater!

  • @cherylcampbell7495
    @cherylcampbell7495 29 дней назад +6

    I live off a golf coarse. Huge lawn mowers mowing at 6:00 a.m..ugh

  • @unnamed2737
    @unnamed2737 29 дней назад +19

    My husband works in construction and we struggle with his work going to cheap workers more and more. If the tariffs raise the cost of building a home the contractors will struggle with raising their prices because the market is only willing to pay so much. It’s basic supply/demand.

    •  29 дней назад

      what tariffs???? we need to go back to producing materials and supplies HERE!!! We do NOT need china or mexico!

  • @Tipsandcoffee
    @Tipsandcoffee 29 дней назад +22

    We have plenty of lumber here there's no reason for the prices to keep going up

    • @eattherich9215
      @eattherich9215 29 дней назад +4

      Those who control the market have the whip hand. The economic ignorance of the electorate is why we are here now.

    •  29 дней назад

      and sand and concrete!! Property taxes for personal and business jacks up prices for everything!

    • @1coketogo554
      @1coketogo554 28 дней назад

      As a person who grew up in Western Oregon I have to agree with you. The reason we import so much timber and also the reason we have so many huge forest fires is because of the environmentalists didn't allow the timber companies to log or even selectively cut the timber, not even on privately owned land in many cases.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Why do you hate the free market?

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@Tipsandcoffee Lumber prices have decreased. So you are correct, there were no reasons for them to increase.

  • @julianparks3325
    @julianparks3325 28 дней назад +3

    Yelp I see labor cost going up up up no doubt 💯

  • @zangarkhan
    @zangarkhan 28 дней назад +9

    I think tariffs create a more equal way of taxing on top of that it puts a "do I really need this" in the equation adding to reduce waste and 2nd 3rd used/recycled markets, Costs will go up no matter what, how the costs are distributed to minimize impact on all sectors is the real game.

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад +1

      Do you realize all your car parts are imported
      Much if your food is imported

  • @theclimbto1
    @theclimbto1 28 дней назад +2

    Let's walk through this.
    1: The issue with building new houses in America is not cost... it's Zoning Laws. Tariffs have no impact on Zoning Laws.
    2: We're talking about Wood. "The US is one of the world's largest producers of Lumber, and in 2022 produced 186 Million Cubic Meters.". Hmm... it's not like we're not going to have a lack of resources here. Now don't get me wrong... this doesn't change the argument that prices will go up. But also, more Americans, specifically in the Lumber Section, will be working for Companies doing MORE business and have more Employment Stability. This has the opportunity of Increasing Wages for those Workers.
    3: If the COST of Housing goes up... the VALUE of Housing goes up. As Home Owners, which do we like better... when the House is devalued or when the house goes up in Value? Since we Own it, since we can Take Loans against it, since it's an Asset, do we like when it's worth more, or when it's worth less?
    There are no perfect answers... but we should look at all sides of the equation.

  • @heyyougonnafinishthat8658
    @heyyougonnafinishthat8658 29 дней назад +40

    US consumers always pay more when there are higher tariffs. Always.

    • @johnnyli4702
      @johnnyli4702 29 дней назад +11

      And the prices never, ever come back down no matter who is in office.

    • @AlexP-dz7ew
      @AlexP-dz7ew 29 дней назад +6

      @@johnnyli4702 that’s unchecked capitalism working as intended

    • @theclimbto1
      @theclimbto1 28 дней назад

      @@johnnyli4702 This is untrue.
      Real fast. Ask Google or ChatGPT for these following 3 Things. Average Price Per Year on: Gas, Bread, Milk, Eggs.
      You will find that indeed, prices fluctuate, they go up AND down. These are the Grocery Store Prices and the Gas Prices... the things that Low Income Americans are MOST concerned with.
      The statement "Prices never go back down" is a gross generalization that is often misused and spoken as some 'truth', when there are a variety of reasons that prices indeed do go down all the time to refute it. It's about Averages Over Time, not Specific Moments in Time. We REALLY must stop saying false, untrue things... because of the 'averages'.
      For instance, in 2015 Large Grade A Eggs were 2.40. But in 2020 they were only 1.51. Well sure, but Avian Flu, right? Okay, but that 1.51 in 2020 was also cheaper than the 1.66 in 2010. Prices can, and do, go down. And up. It's not one or the other, that's now how any of this works.

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@heyyougonnafinishthat8658 You are incorrect.

    • @heyyougonnafinishthat8658
      @heyyougonnafinishthat8658 27 дней назад

      @@fillthefeeder you are incorrect

  • @poohsblusteryday8592
    @poohsblusteryday8592 29 дней назад +4

    @Kristina Smallhorn There is quite a bit of land outside of Zions National Park in Southern Utah that is Federal land, dessert, unused. The state of Utah wants it to build more state campgrounds with full hook ups for the tourist industry. There is quite a shortage of camping sites for all the RV tourists. Zions is Gorgeous!! It would also help visitors to Bryce Canyon National Park. I’d say it would be great for the economy, providing more jobs, and folks wanting to visit. It would also keep camping RV site costs down. As a current shortage, the prices are super high.

    • @KristinaSmallhorn
      @KristinaSmallhorn  29 дней назад

      I’ve actually been out there. There is a ton of used land.

  • @jasneskis
    @jasneskis 29 дней назад +16

    Just to let you know I have a tree farm in N Fl. Constantly fighting with tree huggers that don’t like trees being cut. It is a farm crop like corn or lettuce or anything else. It just takes longer to grow. They are planted in rows. And replaced when clear cut. There is a chip factory less than 2 miles from my tree farm.

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад +2

      Yes, same in Pacific Northwest. Trees grow so fast we have to pay someone to cut them down every few years. Homesteader say 6 acres homestead will produce more than enough wood for a family.
      We have to import Canadian lumbers due to tree huggers and logging laws. California burns millions acres every year and Yellow Stone park burned for months because we don’t allow cutting trees for healthier forest.
      There are corporate greeds but there are environmentalists greeds too. Many top law school graduates go into environmental litigation because they make more money litigation solar farms in desert than helping them build more solar or wind farms.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Sounds made up. You aren't fighting with anyone.

  • @dlwelty60
    @dlwelty60 29 дней назад +1

    Thank you for bringing this out.

  • @bmoreblondie6301
    @bmoreblondie6301 28 дней назад +4

    Its ridiculous that we dont make 99% of all our products

    • @bmoreblondie6301
      @bmoreblondie6301 28 дней назад

      We should make 99% of everything here

    • @bmoreblondie6301
      @bmoreblondie6301 28 дней назад

      Any company hiring illegals needs to get in trouble it should never happen

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад +3

      @@bmoreblondie6301 some products can’t be made without trade we don’t have all the raw materials to make those products.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад +1

      Can you make me a toaster for $8?

    • @Saliferous
      @Saliferous 26 дней назад +1

      What? Can you make me a t shirt for 5 dollars then?

  • @Crystal-uj9wh
    @Crystal-uj9wh 28 дней назад +15

    We better start manufacturing in our county to keep cost low. More people are buying and renovating then buying new homes.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад +10

      @@Crystal-uj9wh it’s the cost of raw materials that we don’t have that will inflate prices. It’s the cost of labor in the USA that will also drive up those costs.

    • @Crystal-uj9wh
      @Crystal-uj9wh 28 дней назад +2

      @@KristinaSmallhorn There is actually tons of homes out there that need to renovated. It is crazy to buy a new home. Even mansion's left by the government. So much waste.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад +6

      @@Crystal-uj9wh tariffs can increase the costs of home renovations as well, particularly if those tariffs apply to materials commonly used in construction and remodeling. For instance:
      1. Higher Material Costs: Tariffs on imported materials like steel, aluminum, lumber, and tiles directly raise prices. If a significant amount of these materials is imported, a tariff would make them more expensive, thus increasing renovation costs for things like roofing, framing, windows, or fixtures.
      2. Increased Equipment Prices: Tariffs on equipment and tools, such as power tools or specialized machinery, could drive up costs if these tools are imported or rely on imported components.
      3. Higher Supply Chain Costs: Tariffs can affect transportation and logistics expenses, increasing the cost of getting materials to suppliers and, ultimately, to your renovation site.
      4. Labor Costs: When material costs rise, contractors often pass these expenses to homeowners. In addition, if demand drops because fewer people can afford renovations, contractors might have to cut jobs, which can create labor shortages and increase costs for skilled labor.
      Tariffs can make every step of the renovation process more expensive, as higher material and equipment prices trickle down to the end cost for homeowners.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Mansions left by the government? Huh? ​@@Crystal-uj9wh

    • @Uberqueenbee
      @Uberqueenbee 27 дней назад +1

      Not if we're forced into a serious recession or depression

  • @karenjensen2345
    @karenjensen2345 29 дней назад +2

    We live in on top of the world FL, 40 minutes from the villages. Our development is 10k homes with all kinds of amenities, it is fantastic. We get all that and are living way cheaper than we did in MN. Bought our basic no nonscense 3-2 concrete block home for 184 cash. The villages is their own zip code and the homes are not built as well. There are super wild seniors "enjoying" the help there and the Lufas are real.
    Hang a green one, you only want money
    Hang a rainbow one and you are open to anything
    Lots of swingers, not us, so that's why we didn't buy there. Our place is way more sane.

  • @Outdooracademe
    @Outdooracademe 28 дней назад

    Thank you for reviewing this. Many either forgot or never knew what was really going on.

  •  29 дней назад +31

    we need to get back to production of materials HERE in the USA!!!! Clothes, shoes, supplies, etc!!! When everything including steel was processed here, including cars, prices were very affordable!!!! Lets be real. Property tax for personal and businesses jack up prices even for gas!!! We do NOT NEED CHINA!!!! Or mexico.

    • @culinarycrafter6603
      @culinarycrafter6603 29 дней назад +2

      Wrong

    • @hardbrocklife2
      @hardbrocklife2 29 дней назад +2

      @@culinarycrafter6603 right

    • @hardbrocklife2
      @hardbrocklife2 29 дней назад +5

      There is a lot of fear mongering because of ppls political positions. They have VERY limited historical knowledge and defer to some economist who works for a political party.
      At one time, our taxes were like 10% of our income, and the majority of the government was funded by tariffs. If you lower taxes and raise tarriffs, you offset the cost of government funding to other countries and remove tax burden from American citizens. Almost nothing will change for us. The price of materials may go up, but the cost savibg from tax reduction will offset the cost to the consumer.
      People tweaking over this have studied very little economics and are driven by political bias.

    • @iamaricky
      @iamaricky 29 дней назад +6

      They will never lower the price to less than the tariff price. Profit over people

    • @suebennett9347
      @suebennett9347 28 дней назад

      I agree 100% we need to build it and keep the $$$ here.

  • @jimkelley9974
    @jimkelley9974 29 дней назад +11

    If we are truly short on inventory, then why is the inventory increasing nationally. Our definition of how we calculate inventory might need to change.

    • @jr.6199
      @jr.6199 28 дней назад +1

      You are conflating metrics. Name what measurements and what sources.

  • @johnnyli4702
    @johnnyli4702 29 дней назад +3

    On the crowdfunding question, there have already been multiple tiny home crowdfunding campaigns but most of them went under after getting funded. I contributed to at least two and am out like 30k.

    • @glory5918
      @glory5918 29 дней назад

      for safe affordable fire/hurricane proof homes ck Geoship (based on Buckminster Fuller's concept)

  • @amadeuschats
    @amadeuschats 28 дней назад +2

    So I guess if you need to fix your homes it is best to fix it up now if you can. I know one thing I was planning to move out of state but will stay, buy less stuff and stock up what I can.

  • @EdM-wk9jf
    @EdM-wk9jf 26 дней назад +1

    Regulations are not contributing to housing shortage, and certianly not adding 90k to price of new house. The real issue is that there arent enough people around to swing hammers and pour concrete. There are 3 large developments going in around my house for over 2 years now. They are not even one quarter done yet and sit vacant most of the time. Every 4 or 5 months there will be a burst of activity for a few weeks, then all the workers disappear and move on to another project.

    • @saraalexander9589
      @saraalexander9589 24 дня назад

      Same for most of the country, including my area (Northeast) - not enough workers building homes, so the existing contractors drive up the building prices because they don't have much competition

  • @b.neuman6779
    @b.neuman6779 28 дней назад +3

    the government should force residential home sales to non commercial entities. Or at least not allow companies to buy up homes by the hundreds or thousands, that's the real issue. You have Joe and Jan competing against corporations that's looking to dry up inventory so that they can make tons of money.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад

      I agree with you. There has been 3 separate bills sitting with the house of representatives for over a year that haven’t even been brought to a vote. Politicians are not going to vote against these corporations because they pay for their campaigns on BOTH sides of the isle.

    • @b.neuman6779
      @b.neuman6779 28 дней назад

      @@KristinaSmallhorn right, they are scared to bite the hand that feeds them. Lol, some them are the heads or on the board of the very same corporations doing the damage.

  • @everythingisfine9988
    @everythingisfine9988 27 дней назад +3

    I bet the modular construction industry is about to receive some investment. They are less waistful with materials and use less labor

    • @KristinaSmallhorn
      @KristinaSmallhorn  27 дней назад +2

      @@everythingisfine9988 that’s what I am hoping for. I prefer those homes over traditional construction.

  • @seanm3226
    @seanm3226 29 дней назад +13

    With the exception at some very targeted industries, I actually doubt we’ll see widespread tariffs implemented.

    • @joninosaka
      @joninosaka 26 дней назад

      @@seanm3226 This is the hope

  • @BeeDeeASMR
    @BeeDeeASMR 26 дней назад

    Great info, as always - thanks Kristina!!!

  • @karenjensen2345
    @karenjensen2345 29 дней назад +2

    Builder incentives!!!!
    I would like to see a cost cutting tax benefit for any builder to build no nonsense 3-2 brick homes for reasonable prices rather than mc Mansions!!!

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Shouldn't the free market provide them?

  • @dianajdanj
    @dianajdanj 28 дней назад +10

    Did anyone mention the last time orange Putin added tariffs he had to subsidize the farmers who could no longer sell their goods over seas. We lost so much money.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад +5

      I didn’t mention it because it wasn’t related to housing but those tariffs on lumber sure made housing expensive during the pandemic.

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@dianajdanj United States subsidize farms now, and we don't impose Agricultural tariffs.

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@KristinaSmallhorn Lumbers prices decreased, supply and demand...not cost. Also, decreasing lumber prices did not lower home prices.

    • @KristinaSmallhorn
      @KristinaSmallhorn  27 дней назад +1

      @@fillthefeeder fortune.com/2024/06/30/lumber-prices-housing-post-pandemic-double-bubble-hangover/

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@dianajdanj Did anyone tell you we have been subsidizing farmers for the last 45 years.

  • @JFryer-j5g
    @JFryer-j5g 21 день назад

    Thanks for the info about mobile home prices in the repo lot. I have land and was shopping.

  • @bobblacka918
    @bobblacka918 29 дней назад +13

    Don't you just love it when a politician says he will eliminate unnecessary regulations, but won't tell you which regulations he plans to cut? Does he mean regulations like the one that requires homes in hurricane prone areas be able to withstand 140 MPH winds? That unnecessary regulation? Or the regulation that requires smoke and CO2 detectors in all new construction? That unnecessary regulation? Or the regulation that prohibits the use of aluminum house wiring? Or that regulation that regulates the size and type of plastic pipes that are allowed to be used in homes? Or that other pesky regulation that requires the roof to be attached with straps to prevent it from blowing off during a storm? Or the one that requires the ground under a house to be treated for termites? Or the regulation that requires houses in low lying areas prone to flooding be raised up on stilts? Or the regulation that prohibits houses from being built so close together you could shake hands with your neighbor through a side window? Or that regulation that requires off-street parking for all units? And all those other regulations that were put in place so that future homeowners don't find themselves saddled with huge repair bills for sub-standard construction practices? Are those the unnecessary regulations that politicians are talking about cutting? I'd sure like to know what they are.

    • @franzvanjulio5523
      @franzvanjulio5523 29 дней назад +1

      They’ll cut the bad regulations, of course. 😊

    • @eldnah2
      @eldnah2 29 дней назад

      If political candidates took the time to answer all Your detailed questions as well as those of others, then elections would have to be held every 10 years or so.

    • @zzzzzzzzz-111
      @zzzzzzzzz-111 29 дней назад +5

      @@eldnah2 So they have a plan but they can't even hire a few people to write out a 1-3 paragraph description of what that plan is and what would be impacted because of it? Really? 😵😵

    • @Kchula
      @Kchula 29 дней назад

      Thank you👏🏾👏🏾👏🏾

    • @bobblacka918
      @bobblacka918 28 дней назад +2

      @@franzvanjulio5523 : And which ones are the bad regulations?

  • @Teno-z5m
    @Teno-z5m 29 дней назад +7

    Try to tell that to trump supporters 😂😂😂😂

  • @lezliesecundaGLP-RD
    @lezliesecundaGLP-RD 28 дней назад +1

    I lived in a RV, bought a piece of land, repo trailer, owner finance private trust, NO HOA and FB truck. Stop financing S*** it starts with us. My smart neighbor put a container on his built up land.. I would have lived in my car to get where I am. FIGHT!

  • @juancarloslee9292
    @juancarloslee9292 29 дней назад +11

    I am so glad there are RUclipsrs like you with a cool head and non-divisive. You are so right about tariffs is a cost burden to our consumers, not the country where the products from. And it is only a simple thought process when undocumented immigrants are being deported, it will simply raise that cost of construction industry. Reality has no political affiliation.

  • @reginafisher9919
    @reginafisher9919 28 дней назад +1

    My husband was disabled when we tried to buy a home they told me to leave him off the mortgage because he had such bad credit. It didn't matter that we were first time home buyers and had 10% down, there was no help for us no Grant snow anything we live in Louisville Kentucky

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      How about USDA? The only problem is getting a seller to accept the offer

  • @Tracker709
    @Tracker709 26 дней назад

    You are 100% correct if we hit an importer with
    A tarreif, they will retaliate with higher prices

  • @mikapeltokorpi7671
    @mikapeltokorpi7671 28 дней назад

    Regulations: mostly on States and local governments, not so much on federal government.

  • @RustyYorkThievery
    @RustyYorkThievery 28 дней назад +1

    Home builders ect need to learn to absorb some cost before deciding to pass 100% on to consumer. Increase volume. The easy answer to just pass cost on is not always the best answer.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад

      I just can’t see that happening.

    • @fillthefeeder
      @fillthefeeder 27 дней назад

      @@KristinaSmallhorn Supply and demand (Market value) will improve your vision.

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      How are they going to survive as a business?

  • @janetbusener6326
    @janetbusener6326 28 дней назад +2

    Build only ranch homes. Too many town homes and steps exist. 😮

  • @Yamchild101
    @Yamchild101 24 дня назад

    Please do not forget house repair, upgrades and rentals are affect by both Tariffs and deportation. Also to the Federal lands just remember "This is America" as long as you have a buck anything is possible. So Federal parks are up for grabs by private developers to bulid resorts/ exclusive neighborhoods .
    As to the regulations who want to live near poisoned land or rivers 🤔

  • @Mind_Breach
    @Mind_Breach 29 дней назад +1

    It’s 60% on Chinese imports and 10% on anywhere else far as I know.

  • @williamkleimanjr
    @williamkleimanjr 29 дней назад +1

    4:21 I don’t think 12 months of planning and development is really that long, especially when you see houses and whole neighborhoods even after all that planning still face issues with landslides and unstable soil conditions.

  • @reneemullen2142
    @reneemullen2142 28 дней назад

    the local municipal inspectors are out of control by issuing permits without an ordinance to go with it, unreasonable delays. Do you think there will be a correction at the local level?

  • @nildalindsley2727
    @nildalindsley2727 29 дней назад +10

    I guess I will never move, this all started with the wall st investors, now it will just get worse. I feel bad for people. They will be stuck renting.

    • @glory5918
      @glory5918 29 дней назад +1

      Geoship (bio ceramic Dome home) - the home of the future (avail now) based on Buckminster Fuller's design. Geoship is much more affordable to build, hurricane/fire proof.

    • @zzzzzzzzz-111
      @zzzzzzzzz-111 29 дней назад

      @@glory5918 Looks neat, but they're not great if you want a single level dwelling for when you get older.

    • @HOAsSUCK
      @HOAsSUCK 29 дней назад

      I doubt it @nildalindsey2727

  • @cpborrelli
    @cpborrelli 15 дней назад

    There are also major benefits to Tarrifs. They increase our own production, increase jobs and reduce our taxes. If you reduce our taxes buyers will quailify for more

  • @LockedUpLarry
    @LockedUpLarry 26 дней назад

    Tariffs make American products more competitive. Yes, initially they MAY be more expensive. But this causes money to circulate, and biz to develop in America. Yall do get it. What’s more interesting, is when the gov stops preventing foreclosures!!!! 😅

  • @kingsuperbus
    @kingsuperbus 21 день назад

    They have to eat the cost because nobody will buy it. Its a bad situation, but it just goes to show how unhealthy these regulations are for builders.

  • @stony2494
    @stony2494 23 дня назад

    Hopefully, mortgage rates come down to mitigate any increase in housing prices

  • @severewebster9167
    @severewebster9167 22 дня назад

    Another question would it be easier or better to build a mobile park or a housing development

  • @sneakysnake2866
    @sneakysnake2866 29 дней назад +7

    He better not destroy national parks for housing developments or other buildings.

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад

      I disagree. I value human lives especially homeless children more than any environmental cause. Why are we conserving environment if not for the future generations of human. Bacteria and insects can do fine in much warmer moist climate.
      He should not use that as an excuse to bulldoze environmentally sensitive areas either. We the people need to voice our opinions and make politicians listen. Unfortunately democrat politicians didn’t listen to “the people” this time around. That is why “He” won.

  • @gzubeck3
    @gzubeck3 29 дней назад

    missed the boat on explaining options on storage solutions for first caller. Do a search on internet for large storage structures that can be bought for $5000-10000. Also, why not buy at least one shipping container that doesn't need air con. So for $15000 dollars the first caller could own two structures on her property and ten times easier than dealing with older mobile homes.

  • @GHE2005
    @GHE2005 26 дней назад

    It takes a time to set up a factory make items we want & need in the US. Plus depending who will be in office after 4 yrs, what will happen with the tax brake in that new business? Costly to set up a factory for a what if after 4 yr.

  • @jameslee-dp6cb
    @jameslee-dp6cb 28 дней назад +1

    Ask this question. Who wants to buy a new house? Right. Primarily, young people. But if they can't afford the houses, they can't buy. So, no matter how high prices get hiked, eventually, prices will have to accommodate them. If not, the building will have to stop. Young people don't have the credit for high priced housing. This is the result of "No new taxes" and government over spending. And on the Fiat currency system, the government can just print more money, but that makes everyone's money worth less.

    • @KristinaSmallhorn
      @KristinaSmallhorn  28 дней назад +1

      @@jameslee-dp6cb I believe “the plan” is for them to not be able to buy but to rent to keep private equity rolling in the dough.

    • @Tammy-iz5rz
      @Tammy-iz5rz 28 дней назад

      The federal reserve decides how much money to print. The federal reserve is a corporation, it is not the government.

    • @jillmartin3825
      @jillmartin3825 21 день назад +1

      I don't know any young person expecting or wanting to buy a brand new home. Maybe this is a geographical thing...but most I know would be thrilled to have even an older home as long as it's livable. Everything is just too expensive. And most things in their price range are fixer uppers with a cash only deal, and swooped up by someone else with that kind of cash. Plus, big corps are buying up all the affordable homes to rent out. This needs to stop.

  • @justinwalz1149
    @justinwalz1149 29 дней назад +8

    The premise of this article is totally flawed.
    1. Curtailing immigration at the level it is now will not hurt the job market, it will help. Anyone who owns a construction company knows that most of the “amnesty” immigrants are not employable, they are subsidized, and sedentary. Pulling immigration back to normal rates is the plan.
    2. Terrifs are a tax, flaw in the argument is that the vast majority of “base” home building materials are US, Canada, Mexico. More drywall is made in GA than all of Canada and Mexico combined. Lumber mills? Here. Windows? Hang out in the south, Anderson and all of their many subsidiaries GA, AL, etc.
    Federal land thing agree, dead issue, non productive.
    The US will need to subsidize materials manufacturing and slowly build back supply or anyone could agree, Tariffs will cost.

    • @mikapeltokorpi7671
      @mikapeltokorpi7671 28 дней назад +2

      Curtailing immigration: higher wages for replacement as the supply is drenched. Or impossible to find "lowskilled" willing workers. Cost will eventually go up.

    • @immenseofperspectives8295
      @immenseofperspectives8295 28 дней назад

      Your immigration argument completely left out mass deportations. How many young, American men and women are willing to go work in the fields (agriculture)?? What's this going to do to our prices on food?

  • @dnh31tlg10too
    @dnh31tlg10too 22 дня назад

    When discussing the use of federal lands, be very careful about lauding their use. Pay close attention to the environmental studies before development because these lands may have been declared a Superfund site once upon a time. And for those curious, NEVER, EVER buy a home built over a superfund site; unless you want weird, unexpected severe health issues.

  • @gregkump3639
    @gregkump3639 29 дней назад +2

    Think about 4 companys cut your meat. No choice, no competition.

  • @jasneskis
    @jasneskis 29 дней назад +3

    I want a mobile home park too.

    • @glory5918
      @glory5918 29 дней назад +1

      Geoship is the way to go, more affordable than unstable mobile homes/trailers. Geoship is fire/hurricane proof made from bioceramic materials.

  • @zippygodogs
    @zippygodogs 29 дней назад +2

    ❤ your top

  • @jimborer1524
    @jimborer1524 18 дней назад +1

    Do you think tariffs could influence manufacturers to start making those products in the US?

    • @KristinaSmallhorn
      @KristinaSmallhorn  18 дней назад

      Some of those supplies to make those products in the United States will still need importing and will still have tariffs, the lumber, the drywall, the wiring components, the steel, the gypsum, just to name a few things.

  • @AudricEnriquez
    @AudricEnriquez 29 дней назад +18

    Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow...

    • @bayhunter6
      @bayhunter6 29 дней назад +1

      Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.

    • @GiffordKollar
      @GiffordKollar 29 дней назад

      @@bayhunter6 exactly that's why I always seek Mr J Clark's guidance in all I do 😊

    • @user-kj2iv6xr7s
      @user-kj2iv6xr7s 29 дней назад

      I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

    • @TammyLapalme
      @TammyLapalme 29 дней назад

      Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

    • @happyferet69
      @happyferet69 29 дней назад

      From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

  • @chuckfinley5206
    @chuckfinley5206 29 дней назад

    And companies will gradually raise prices before the tariffs.

  • @glassninja
    @glassninja 29 дней назад +6

    They say don't bother with college because it's not affordable and it leaves you in a lot of debt. So unless you get a really high paying job and the very few sectors that are left, it's not worth it for most people

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад +2

      However educated society improve their societal living standards and productivity.
      Europeans became colonial power because of their superior education system and Japan and South Korea became high GDP per capita nation by over educating culture. South Korea was ranked third poorest nation on Earth in 1960.
      And, hopefully more educated people would vote more wisely but Europe and same East Asian countries show that greed is stronger than knowledge in voting process.

    • @vivafamilia7867
      @vivafamilia7867 29 дней назад

      @@kulkrafts3143 They only improve for their own. At least in this country. It may be because we are so huge.

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      It is worth it.
      It makes you a better person It makes you more capable in every facet of life

  • @saraalcala1621
    @saraalcala1621 25 дней назад

    Let's be honest, Boxable is too expensive, and they don't ship to Florida.

  • @user-ws3yv2jt3j
    @user-ws3yv2jt3j 23 дня назад

    The deportations could almost completely stop the residential construction the drywallers,roofers, painters, landscapers, framers, foundation guys are all typically Hispanic of those I would say at least 50% not legal. On the tariffs what they should do is on building materials there’s no tariffs on finished products sure.

  • @gregoryscanlon9721
    @gregoryscanlon9721 29 дней назад +11

    The bottom line we don't have an industrial base like we did years ago. We have to buy from other nations. And tariffs will always increase prices especially on items that we don't produce. PS last time he was in office some parks were opened for oil exploratioin.

  • @GHE2005
    @GHE2005 26 дней назад

    U r right, we the consumer will eat the high cost. Maybe the ones that has been paying tax & are not documented will get a pass but only the ones that just arrived in the end of 2023 & 2024 needs to be sent back?
    That Tariffs will not work according to the history when it was implemented.
    Rebel capital a RUclipsr channel, video by George, he explains why it will not work. Everything will cost more for us all across the board with tariffs tax.

  • @northernfabricationllc2281
    @northernfabricationllc2281 29 дней назад +9

    If people think tariffs are going to raise prices, they won't. Look back 4 years ago, those tariffs brought down prices. People just want to cry, they will be fine, things will be better and prices will come back to reality.

    • @farrelli7777
      @farrelli7777 28 дней назад

      What you're saying here flies in the face of pretty much all of history. Moreover, Trump is proposing massive tariffs on pretty much everything, not just targeted items or sectors. That has never worked out anywhere. The last time we tried that it was called the Smoot-Hawley Tariff Act. I urge you to look up how that worked out. it is considered one of the biggest economic fiascos in US history. Not only did it crush consumers, it crushed exporters, and it inflamed international tensions because tariffs pretty much always result in trade wars and endless unintended consequences which can end up in real wars. It took YEARS to recover from it once we abandoned the whole thing because it was such an unmitigated disaster. And what Trump wants to do will make it look like nothing because SH occurred in a day when we weren't really a global society. Today, pretty much everything has foreign inputs and outputs so these tariffs will cause utter chaos. Pretty much every economist, including every Nobel winner, is saying that if Trump implements these tariffs, especially in the light of his other "policies", we will end up in a place that makes the Great Recession look like nothing. Even Trump's own economic team from his first term says so. Christ, even Musk, who Trump has pegged to be his guiding light, is being pretty honest that all this will cause a lot of pain and require a lot of sacrifice but that somehow, eventually, we will emerge into a new utopia.

  • @gregoryscanlon9721
    @gregoryscanlon9721 29 дней назад +2

    I would buy a house in horrible condition on a property with the infastructure and build new.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Why don't you? Why just talk?

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      Contact a realtor in your area.
      Prepare to pay cash if possible. Get a home inspection too

  • @JetJ321
    @JetJ321 29 дней назад

    I just heard an economist say that when we had tariffs on China that China absorbed the extra costs of them. That's all I know. I have no idea how it works .

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад

      China is a dictator nation. They can print money all day long. Nobody will stop them and nobody cares just like Putin in Russia.
      It makes Chinese currency worthless, which is fine in China since they want to make their products cheap and export.
      But, lower currency cannot pay for expensive engineers they want to hire from Taiwan or Korea. Low value Chinese Yuan makes difficult to import expensive equipment from Germany or Japan. Chinese technology falls behind, Chinese financial institutions, EV factories and Chinese military cannot get Artificial Intelligence to compete with US.

    • @bobblacka918
      @bobblacka918 29 дней назад +6

      That makes no sense that the manufacturer will absorb the tariffs. If a China manufacturer charges a USA based distributor $20 for a bathroom faucet and the US government places a 100% tariff on it, where will the manufacturer get the $20 to pay the tariff? That would leave him with zero revenue for the faucet. If the China manufacturer raises his charge to $40, then a 100% tariff goes to $40, thus again, no revenue for the manufacturer.
      The only way a tariff can work is if the China manufacturer charges $20, and the USA distributor pays the $20 tariff and then adds the tariff onto the price of the product when he sells it to a consumer.
      So in this case, the USA distributor payed $20 for the faucet plus a $20 tariff for a total cost of $40 for the faucet. Then he adds his markup which usually means double the price, and now he sells it for $80. Previously the faucet only cost the consumer $40, but now it doubled in price to $80. There is no way anyone can make a China manufacturer pay for the tariff and still allow him to stay in business.

    • @hardbrocklife2
      @hardbrocklife2 29 дней назад +2

      @bobblacka918 because they HAVE to depend on the American consumer. If they sell the items for the same price Americans will opt for the American made product. The profit margins for Chinese manufacturers are massive because their labor is so cheap. They will give up a portion of their profit margin to pay for tariffs because they can't survive without Americans buying their product.
      If you abolish income taxes, or shrink them massively, they offset the potential raised cost to the consumer. Also, there are TONS of anti-competitive regulations that drive up the cost of lumber here in the US. If you reduce those regulations it will also keep the prices lowers.
      Here is ALWAYS ways of making tariffs less costly to the consumer.

    • @bobblacka918
      @bobblacka918 28 дней назад +2

      @@hardbrocklife2 A 100% tariff is always equal to the cost of the item. So a 100% tariff would completely wipe out the revenue from selling the product. If a faucet made in China normally was sold to a distributor for $20, and they lowered the price to $10, the entire $10 would have to be turned over to the American government. It doesn't matter how much they lower the price, whatever price they choose would always have to be completely given to the US customs.
      That's why it is impossible for the Chinese factory to pay the tariff. It has to be the importer or distributor which will, in turn, pass that on to the American consumer.

  • @ryukirito2616
    @ryukirito2616 28 дней назад

    Labor costs a lot in the US do to Unions

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад +1

      7% of workers are union.

  • @Karen-st4fu
    @Karen-st4fu 29 дней назад +2

    Tariffs are negotiable

    • @KristinaSmallhorn
      @KristinaSmallhorn  29 дней назад

      Yes they are and Mexico is already starting to ask to come to the table. It’s a start.

  • @reginafisher9919
    @reginafisher9919 28 дней назад +7

    It blows my mind that people would vote for somebody that has sexually assaulted women and been charged 27 times

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад +2

      Ikr. And defrauded a children’s cancer charity

  • @robertschneider8210
    @robertschneider8210 29 дней назад +3

    Instead of a $25000 down payment kick starter, we get a tariff con job that will push new homes further out of reach while rentals continue to cost more.

    • @seanm3226
      @seanm3226 29 дней назад

      Your $25K “kick starter” would actually be the policy that would “push new homes further out of reach”.

  • @JES-lz6dy
    @JES-lz6dy 29 дней назад +11

    I’m a contractor prices being going up crazy for the last four years nothing can make it worse then the last 4 years

    • @franzvanjulio5523
      @franzvanjulio5523 29 дней назад +6

      Well, we don’t know what the next four will look like. We’ll see.

    • @LucyMorningstar999
      @LucyMorningstar999 28 дней назад

      Don't tempt fate. We will have to wait and see and just hope for the best.

  • @samaro5647
    @samaro5647 22 дня назад

    Tarrifs are going to be alot better than being over taxed at least with a tariff we have a choice wether we buy American and pay no tax or buy foreign aid pay a tariff that’s all

  • @berwinbrezina1350
    @berwinbrezina1350 28 дней назад

    After building a house or should I say have a house built. It is the middle man AKA General Contractor that is a big cost. I worked out the budget with labor and materials. The bank and city, made me get a general. It tacked on 100,000. Then he cut corners on material. Then he hire illegals. So you’re right the companies are about making money. And the tariffs are used to gauge the prices. 10% tariff with cause a 300% price increase.

  • @evelynrogers7145
    @evelynrogers7145 29 дней назад +22

    He did that before and was fine. All worked out will for us

    • @deepblue523fl
      @deepblue523fl 29 дней назад +6

      He did put a tariff on washing machines and they went up in price pretty significantly. He didnt do anything to the extent hes proposed now on his 1st term

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад +1

      @@deepblue523flThe problem was American washing machine companies could have wiped out imported washing machine companies, but they got greedy and raised American made washing machine price.
      But, I cannot blame the American washing machine companies either, because Biden came in and gave out free money, which made everyone to quit working and raise price to go up. Nobody refused free money. Housing prices went up, no brokers lowered brokerage fees. We were all greedy.
      Tariff did ruin Chinese economy and they are far less capable of starting a war. But they are still building an aircraft carrier every 2 years, and building 10 destroyers every 18 months. America is building one aircraft carrier on 3 year schedule but it is delayed for 3 years. We are supposed to build two destroyers every 30 months but we have problem building 1 on time.
      We need to knock down more of Chinese economy otherwise all our saving will go to a war in one year and we might lose.
      Even if we don’t go to a war, stronger China can buy out Taiwan and South Korea which makes 90% of chips for our technologies. Tesla, Apple, nVidia, and Wall Street needs chips. Our military needs chips. Intel cannot make advanced chips like Taiwan or Korea any time soon.

    • @toney5173
      @toney5173 29 дней назад

      @@kulkrafts3143 American appliance manufacturers couldn't wipe out Chinese or Korean appliance manufacturers unless they get heavy subsidies from the US government, even with subsidies they still want be able to beat the Chinese because American labor is more expensive.
      Trump was the one who gave out money to Americans first during the pandemic, the Biden administration continued the hand out to American businesses.
      Bottom line is America needs a recession or consolidation of some sort because the deficit is out of control and Trump will only add to the deficit if he follows through on his campaign promises.

    • @justpde
      @justpde 29 дней назад

      ​@@kulkrafts3143What free money?

  • @NosFeratu-zi7ib
    @NosFeratu-zi7ib 29 дней назад +7

    The illegal immigrants shouldn't be the ones building the houses anyway. There are plenty of legal immigrants jumping at these opportunities.

    • @justpde
      @justpde 29 дней назад

      If you're white you are illegal, immoral at best. Stolen land!!!

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      Where?

  • @JamesMHenley
    @JamesMHenley 25 дней назад

    I recommend Kristina to everyone about land/houses.

  • @jamesmoore560
    @jamesmoore560 29 дней назад

    Instead of cardboard box living, how about concrete culvert living?

  • @ruthkief8962
    @ruthkief8962 29 дней назад

    If the repoes are paid with cash can thry be lived in?

    • @KristinaSmallhorn
      @KristinaSmallhorn  29 дней назад +1

      Yes. Insurance for those structures would be tough since they have been moved before. If you are renting them out the renters could get renters insurance but the structure itself would be tough to get anyone to write a policy.

  • @robbizoi
    @robbizoi 29 дней назад

    "question" can you trust these companies that want to play cab for your home or give you loans on your home

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      No!
      Do your homework talk to a trusted realtor in your area. They can explain things to you

    • @emilyfeagin2673
      @emilyfeagin2673 26 дней назад

      No!

  • @JonnieShipbaugh-dc9wk
    @JonnieShipbaugh-dc9wk 23 дня назад

    Here’s an idea. Increase the tariffs to the point where the income tax can be eliminated. The tax and spend Democrats will never go along with losing the cash cow income tax but this has been done in America during McKinley’s administration. This would stimulate the economy by giving American’s all of what they have rightfully earned to spend on whatever they choose.

  • @severewebster9167
    @severewebster9167 22 дня назад

    If I had the money I would build right there where nowhere is

  •  29 дней назад +5

    We will get back our American made everything which will balance out the cost. When we made everything here ourselves prices were very affordable. Including gas. Sorry for trolling.

    • @LucyMorningstar999
      @LucyMorningstar999 28 дней назад

      Really? That ship has sailed. American workers are not going to work for sweat shop wages under sweat shop conditions like they do in high manufacturing countries like China. The cost of American-made products will be barely affordable when you consider hourly wages, insurance, etc....and that is all passed on to the consumer. Cheap manufacturing in the USA is a bygone era. Politicians who claim otherwise are lying. Certain jobs are gone and will never come back sadly.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад +1

      Can you make me a toaster for $8?
      I can PayPal it to you. LOL.

  • @lilpeppa117G
    @lilpeppa117G 29 дней назад

    Cement and plastic houses in 3-2-1

  • @sloshedtrain
    @sloshedtrain 29 дней назад +10

    Let's hope they backpedal on the tariffs but we'll see.

    • @KristinaSmallhorn
      @KristinaSmallhorn  29 дней назад +6

      @@sloshedtrain or at least restructure how they plan on implementing it. The way it reads now things are about to get very expensive.

    • @branmichaluk445
      @branmichaluk445 29 дней назад

      The reason for tariffs is more businesses are developed on home soil less dependency on other countries especially China.
      Which will result in lower pricing, oil is a prime example when we were energy independent prices were the lowest, in the last 3.5 years we purchased from others resulting higher prices.
      Let's not forget during the pandemic China was short supplying the US on many of the needed medications, which should have been produced here.

    • @sloshedtrain
      @sloshedtrain 29 дней назад +5

      @@branmichaluk445 yeah that's the idea and I do agree if done right will work, but the modern economy is very globally connected. You would need significant investment and time (many years and possibly decades) to get a point of lowering prices. Companies are not gonna foot that bill and either get their goods from somewhere else and/or pass the costs to the consumer. This will raise prices in the short term drastically with no guarantee it will lower prices in the long term. Not to mention the massive trade war might cause.

    • @seanm3226
      @seanm3226 29 дней назад

      They will.

  • @benjaminharrisongray9079
    @benjaminharrisongray9079 26 дней назад

    I really don't know how he's going to do it.

  • @titilili88
    @titilili88 29 дней назад

    " And a CONTRACTION, you meant...."

  • @LockedUpLarry
    @LockedUpLarry 26 дней назад

    Foreclosures will be EVERYWHERE!!!! Investors get cash heavy!!!!

  • @jasneskis
    @jasneskis 29 дней назад +1

    Black rock should self insure.

  • @steveclark5016
    @steveclark5016 28 дней назад

    American Craftsman still want all the so called unwanted jobs ,We are just not going to work for peanuts ,Just like a realtor won't sell or list houses for peanuts.

  • @TAA4U55
    @TAA4U55 28 дней назад +1

    Algorithm

  • @fillthefeeder
    @fillthefeeder 29 дней назад +11

    Labor cost going up does not mean price of house goes up. Cost increase does not mean cost transferred to buyer. Supply and demand determines price
    Proof: If labor cost were lowered...to you believe home builder would sell less than market value. No, the builder would not sell for less than he could get in the market. Cost determines profits. Supply and demand determines price.

    • @Amanda-xx7sj
      @Amanda-xx7sj 29 дней назад +1

      So builders will stop building because they can’t make a profit and costs will go up.

    • @Amanda-xx7sj
      @Amanda-xx7sj 29 дней назад +2

      Or they will divert to the luxury market and build custom for those who can make the profit worth it for them. Still, no starter homes and people on the lower end will be squeezed because they will either have to buy at a higher cost or sellers will stay put.

    • @fillthefeeder
      @fillthefeeder 29 дней назад

      @@Amanda-xx7sjMaybe or maybe not. There is less profit and there is a lot of profit. And sometimes no profit. Also, there are some whom may be more or less efficient.

    • @fillthefeeder
      @fillthefeeder 29 дней назад

      @@Amanda-xx7sj If there is room in luxury market, then maybe, assuming they can be competitive. And if a starter home market is abandoned, others may venture in with more efficient business plans.

  • @MoonDoggieAngel13
    @MoonDoggieAngel13 28 дней назад

    Too more unaffordable?!

  • @ruthkief8962
    @ruthkief8962 29 дней назад

    We can manufacture here.

    • @KristinaSmallhorn
      @KristinaSmallhorn  29 дней назад +2

      We do but things like lumber, steel, gypsum drywall and other materials can’t. The cost to get those materials within the USA with labor alone would drive up prices.

  • @gregoryscanlon9721
    @gregoryscanlon9721 29 дней назад +1

    I have a friend that bought a property in California. he had to buy it cash since the bank would not fund it since it had a wrap around poarch that was not permitted.

    • @kulkrafts3143
      @kulkrafts3143 29 дней назад

      If it is in rural area then it can be a fire hazard. Many houses and areas in California are becoming uninsurable, and Insurance companies are leaving California.

  • @libertylover4575
    @libertylover4575 28 дней назад +4

    ALSO, if we have to pay tariffs when buying cheap, bad quality building materials from 3rd world countries, that will naturally create a DEMAND for Americans to start NEW American companies that produce building materials in the USA, and they’ll want to sell their products, so they’ll lower their prices, in order to compete and get more business! It has been a HUGE problem that we depend on 3rd-world countries to supply us with bad quality building materials that don’t last, built by untrained laborers who build your house the wrong way and lead to people having to spend more money repairing them later!!!

    • @theclimbto1
      @theclimbto1 28 дней назад +1

      We already have those American Companies... when it comes to Lumber. We're one of the Top Lumber Producers IN THE WORLD right now.

    • @farrelli7777
      @farrelli7777 28 дней назад +1

      That's actually the theory behind these tariffs in the first place. But the problem is, it never, ever works out that way in history. This has been tried before, here and abroad, at it always creates utter chaos and pain for the masses. This is why almost every economist, including every Nobel winner, is against pretty much all of Trump's "policies". In fact, these kinds of policies tend to not only crush the common folk, they tend to massively enrich the ultra wealthy because they are then free to buy up distressed assets. Recessions and depressions are actually great for the rich overall because they tend to come out of them with a multiple of their original wealth while the common man takes years, often over a decade, to get back to where they started. Christ, the last time, Trump gave a multi-TRILLION dollar tax cut where 83% of it went to the top 1%, and he "paid" for it by putting it onto the national debt, which he increased by a mind boggling 25%. The interest that we pay on that money every year could fund any number of massive projects that help regular people, but no, instead it was a giveaway to the rich. Every economist was against that from the beginning too because how it would play out was so obvious.

    • @theclimbto1
      @theclimbto1 28 дней назад

      @@farrelli7777 So everyone, through all time.
      Then why do all these other Countries have Tariffs? How have they not collapsed?
      Why is it only bad and wrong and destructive when we do it? Show me the Nations that have collapsed due to this practice.

    • @MrSteeDoo
      @MrSteeDoo 27 дней назад

      Which building materials?

    • @farrelli7777
      @farrelli7777 27 дней назад +1

      @@MrSteeDoo Unlike most Republicans today, I know that I don't know. Do you? Are you in that industry and know where everything comes from, soup to nuts? Do you know if a given drywall company has any foreign gypsum in their pipeline? Do you know if such a thing is easily disaggregated? Do you know if they use an HR/accounting/IT department in another country to save money? Do you know what their ERP system is and where it comes from (it's probably from Germany - that much I can say because I'm a systems engineer)?
      Here's the thing, the people who spend their lives studying such things will tell you that most things are entangled these days and that there's virtually no industries which get off scott free in this area. Things are complicated and bumper sticker solutions like across the board tariffs do not, and have never, worked. A car "made in the US" actually crosses the border in various stages something like five times. Smoot-Hawley crushed us in the 30's because simpletons thought that a simplistic answer could solve complex problems. Even back then, before globalization, unintended consequences multiplied by the day. Now we live in a world of complex webs of entanglement and such a move would be many, many times worse.
      For example, back to the ERP system. If you're using the biggest system out there, which is made in Germany, you DO have a choice of an American made system, but it's probably going to take many years and many, many millions of dollars, even a billion dollars or more if you're huge, to migrate away. And even the ERP systems made here aren't really made here. They have major inputs from all across the globe because America has decided to be a post-knowledge, post-truth world where people who study STEM fields are considered beta cucks. So we increasingly hire such people in other countries to do that work for us. We could bring that back here, but it would take decades and an actual valuing and investment into higher education. Billy-Bob who barely graduated high school cannot just saunter in and develop massively complex software. So we are stuck with foreign elements for decades to come.
      In the end, that drywall company is far more globally integrated that a casual observer would have ever thought.