Rebel Capitalist News US Declares Housing A National Emergency!?! (This Won't End Well)
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Sep 3, 2025 The discussion tackles the government's increasing role in the housing market, warning of potential market failures. There's skepticism about the motivations behind the declared housing emergency and the inadequacy of proposed solutions. Regulatory fees are highlighted as a significant driver of housing costs, stifling new construction. The relationship between housing supply and political decisions is unpacked, showing the negative impact on affordability. Lastly, the illusion of true affordability through measures like the 30-year fixed-rate mortgage is examined, revealing the hidden risks.
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History Repeats With Housing Emergencies
- George Gammon argues declaring housing a national emergency repeats past mistakes from the 2000s.
- He warns government intervention often creates unintended consequences that worsen crises.
Don't Solve Affordability With Financial Engineering
- Avoid financial engineering solutions that increase affordability by inflating demand instead of supply.
- Focus on policies that expand housing supply rather than lowering payments through subsidies.
Emergencies Expand Government Power
- Gammon highlights that declaring emergencies usually increases government power and rarely solves root problems.
- He suggests emergencies never address the fundamental issue of government size or spending.