Clay Travis

That's actually a violation of their credit card agreement.

So Trump is taking a stand on that one.

Also on the institutions being able to buy up single family homes.

You know, that's a complicated argument, too.

I know it's become very popular on the right generally to talk about how the reason home prices are so high is BlackRock, for example, a massive financial institution that has a very large balance sheet with a lot of homes on it.

You know, that's one name that they'll throw out there.

But you say, well, hold on a second.

First of all, if we all agree there are 20 million illegals in this country, they're living somewhere.

And you say, oh, well, they're renting.

Yeah, that's still housing stock that is off.

So start with that.

Start with there are millions and millions of people who are being housed currently who are not supposed to be in the country.

There is no way that that does not have an effect on supply and demand.

It certainly does.

New York City hotel rooms never been more expensive.

Then at the end of the Adams administration, and it was because 20 or 30 percent, it was 20 or 30, I can't remember, but a big portion of hotels were going to house illegals at the taxpayer's expense.

Correct.

Well, if you take 20 percent of something off the market, guess what it does to what remains?

It raises the price.

It raises the cost.