Erica
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And so a lot of people feel like they're just stuck in their home until they can find a buyer at the price that they think they want to get.
But I think mortgage rates going down, as they have gone down significantly under Trump,
I think that will help, and probably more than this other rule, because if you can make it more affordable where people really can afford the mortgage and can afford to buy the house, that might really make a difference for a lot of people.
It has to be, right?
I mean, we have millions of people that have left the country and all of them live somewhere.
So I think that is a huge factor.
And I think it probably is going to have an impact, especially on rental prices, because that's, I think, more elastic where if you can't find someone that's willing to pay the higher price, you're going to lower your price until you get that apartment rented or that house rented.
And so it is going to cause prices to come down on the rental market much more quickly, I think, than on the buying market.
I would just throw in another story I posted today.
It's a study they did in New England, and they said that New England ratepayers could save up to $700 billion by swapping renewables for gas.
And it's sort of a combination of nuclear and natural gas that they were looking at, but they're basically saying there might be a lot of blackouts if they don't do this.
And that, again, if you just run the numbers, if you use natural gas and nuclear or some mix of the two, it could save people who pay for electricity there in New England up to $700 billion.
So that's a big number.
You know, and...
I think it certainly makes a strong argument that you don't want to put all your money into wind and solar and batteries and all these other things because it's going to be tremendously more expensive to try and do this net zero stuff.
that we are going to need a lot more electricity, with or without AI, and we need to find a way to provide all this energy.
And the cheaper it is, the cheaper everything is, because everything depends on transportation and has to have heating and cooling and all sorts of things.
So it really...
drives the economy when you have cheaper energy.
So I think this is something that hopefully New England will pay attention to and will try and drive their nuclear and natural gas infrastructure to try and get that cost down.