Ken Coleman
๐ค SpeakerAppearances Over Time
Podcast Appearances
We were talking about one move that we did like is Trump somehow pushing or help influencing legislation or if through an executive order can be done, not allowing.
to come in and buy houses.
We love that.
This one, whether I agree with it or not, is a very interesting thing and explain at least the math behind it, whether or not it's true, whether or not he can do it.
It is interesting that people understand because what we want to do as Ramsey Solutions, we want to come when we can alongside potential public policy or existing public policy or new public policy and go, here's how this affects you.
So if, in fact, what he's saying, if the federal government's
$200 billion.
Boom.
Explain why he thinks that that will work, what the math is on that.
And let me just add briefly to this.
Understand that even if this were to work the way that the president wants it to work and we see interest rates come down, when interest rates come down, you watch interest rates on homes, mortgages drop dramatically.
Let's just call it significantly, Jade.
What happens next?
People who've been on the sidelines get in, demand goes up.
What happens when demand goes up, Jade?
Prices go up.
So while the cost of borrowing might go down, the cost of a house goes up.
So I say all of that not to say you're doomed, no, but to say that what we say here at Ramsey is there's never, you know, it's always a good time to buy if you can afford it.
Right.
There's no waiting for the circumstances to be right because we're sitting in a situation now where everybody's griping about housing.