Trump Destroys Real Estate Buyers’ Market

The current American real estate situation, as it exists in the heads of people who don’t understand how real estate markets work.

NEW YORK (AP) – With demand for new homes skyrocketing, the housing market that for so long favored the home buyer is rapidly falling apart, and most analysts say the blame lies squarely with America’s new President, Donald Trump.

MSNBC’s Chris Matthews, who once bought a house, explained why Trump’s presidency is already a disaster for innocent victims of the real estate game:

“Under Obama, life was great for everyone. People were moving into apartments, their parents’ basements, or just going homeless,” said Matthews, shaking his fist at a picture of Donald Trump taped to a dartboard. “Sure, they couldn’t afford their mortgage, which was probably underwater anyway, but you could buy a house for a song, assuming you had a job and enough left over after your Obamacare premium payment. But now, businesses are booming, people are working, people want stuff, people can AFFORD stuff… naturally this so-called prosperity will only punish women and minorities. Which will probably make that Nazi, Steve Bannon, happy.”

Concurring with Matthews’s insights, his fellow MSNBC-ite and rising progressive star Rachel Maddow added “Trump is an epic disaster. The worst thing to ever happen to this country. Fully half the housing market is now at a disadvantage to the other half. And it’s exactly the opposite of the half that was disadvantaged during Obama’s administration, which should tell you how ill-considered – if not downright racist – Trump’s economic policies are. And now, whether you’re an illegal immigrant or just a former Gitmo detainee looking for a little place with a nice kitchen for cooking bomb-belt explosives, you won’t be able to afford anything on the market anymore. How unfair is that?”

Lou Dobbs, from Fox Business, opposed Maddow’s analysis and defended Trump.

“Technically, it’s always going to be either a buyer’s market or a seller’s market,” explained Dobbs, “with the latter being indicative of economic growth and prosperity. In this case, a prosperity that spread beyond just the real estate sector. Even idiot-lefty capitalism-bashers got sprinkled with good fortune. Heck, I heard Maddow herself actually added a third viewer this year, so what’s she so grouchy about?”

Although Ms. Maddow was unavailable by telephone for official comment, the last 20 items on her Twitter feed consisted solely of emojis making obscene gestures “@LouDobbs”.

One Comment

  1. Real estate wouldn’t be an investment if there weren’t times when it’s a ‘seller’s market’. If it’s only ever a ‘buyer’s market’ then all you can do is buy property and hold it forever, never having incentive to sell. And if forced to sell, having to do so at a loss.

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