I Hope You Didn't Want to Buy a Home

Key points

• 0:27

  Deficit spending will increase by roughly $1 trillion U.S. a year.

• 0:27

  Treasury bills will raise the cost of a mortgage because it is based on the 10-year treasury.

• 0:47

  Two-thirds of American baby boomers have retired as of January of this year.

• 0:47

  The liquidation of high-velocity investments by retirees quadruples capital costs across the economy.

• 0:47

  Trump wants to send roughly 5 million migrant workers home.

• 0:47

  Migrant workers are most likely to work in agriculture and construction.

• 1:58

  Tariffs on steel, aluminum, copper, and wood increase home building input prices.

• 1:58

  Insurance premiums are probably going up 20 to 30 percent just this year.

• 2:43

  Boomers are far more likely to stay in their home and age in place.

• 2:43

  The quantity of housing simply isn't there for millennials and Generation Z.

• 2:43

  Components that go into homes are more expensive than they have ever been relative to average income.

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