Chaos explained
It was interesting to hear an attempt at explaining the chaos of T’s policies. But ultimately, seemed like a lot of handwaving. Take solving the housing problem.
So close the borders. Deport immigrants. Tariff on goods imported.
All these building supplies cost increase by 25%. Cost of labor goes up dramatically. Cost to build a new home goes away up.
Cost to finance arguably goes down because debt is cheaper. But cheap debt, just further inflates home prices.
I cannot connect the dots between these policies, and more affordable homes. In fact, new builds cost goes up. Which just further inflates existing home prices.
Am I missing something?