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Case Shiller home prices through November 2025.

Driving Up Home Prices

So he's got zero plans to address the median homebuyer age now rising to 59 years old... pic.twitter.com/H7pKSAqPrQ

— Lib Dunk (@libdunkmedia) January 29, 2026

Trump: “People who own their homes, we are going to keep them wealthy. We are going to keep those prices up. We are not going to destroy the value of their homes so that somebody who didn’t work very hard can buy a home. … I don’t want to drive housing prices down. I want to drive housing prices up. They can be sure that’s what’s gonna happen.“

That is going to make one hell of a political ad in October.

Five-Pronged Message

• Zoomers, you don’t work hard.
• Trump wants higher prices, more inflation.
• Homes won’t be affordable. You can be sure of that.
• Property taxes will rise.
• Skyrocketing homeowner’s insurance will rise even more.

If home prices rise, property taxes and homeowner’s insurance will rise. That means the price of rent will rise as well.

Best X Responses

He looks straight at a nation priced out of shelter — and promises to make it worse. On purpose. With a smile. A family refreshing listings at midnight. A young couple counting savings. A renter watching the dream die in real time. And somewhere above them, a man in a gold chair vows to raise the walls higher — for those already inside.

So houses are just going to get more expensive than they already are? Doesn’t that make them less AFFORDABLE?

So he wants housing to be more affordable for people who don’t own a home and want to (not to mention rent tied to price of real estate) and also make housing prices higher to benefit existing homeowners. Well, that’s a neat trick.

This obviously sucks for new home buyers but we don’t talk enough about how it doesn’t even help current homeowners. If I want to sell my house, it’s to buy a new house. My house going up in value doesn’t help me if the house I’m buying does too, it just makes it harder to sell

Hey, we’re only 30 points underwater with people under 40 – what else can do to fuck them over after killing student loan forgiveness, blowing up health insurance prices and deporting all the child care workers? I GOT IT! Let’s make them pay a lot more for a house!!!

Flashback September 5, 2024

“We will eliminate regulations that drive up housing costs with the goal of cutting the cost of a new home in half,” Trump said in a speech at the Economic Club of New York.

And on September 12, Trump repeated the message.

Well this clears that lie up.

Also note trump’s tariffs on steel, aluminum, lumber, appliances, and cabinets.

Everything in the new house is going up in price also.

Mystery of Faith Q&A

Q: Was Trump correct in 2024 on home prices falling?
A: Obviously

Q: Is Trump correct now on home prices rising?
A: Obviously

Q: How is this obvious?
A: Because Trump is always right.

Q: What about the contradiction?
A: There is no contradiction. Trump was right then, and he’s right now.

Q: That’s impossible.
A: You need to talk to Father Bates.

Q: What?
A: In the fourth grade, I asked Father Bates if God was all powerful, could God make a rock so big that he could not lift it. Father Bates replied that was a contradiction and contradictions logically cannot exist.

Q: I am not following.
A: Well, as we all know, Trump is never wrong. Since Trump is never wrong, he was right then and he is right now. Otherwise we would have a contradiction, and contradictions cannot logically exist.

Q: Are you suggesting Trump can make homes more affordable by making them more unaffordable?
A: Yes! That is exactly correct. Father Bates would be proud of you.

Father Bates also liked to discuss “The Mystery of Faith”. This appears to be a mystery, so please keep the faith.

I hope everyone is keeping notes. There may be a pop quiz next week.

Trump Cheers a Plunge of the US Dollar “I Think It’s Great”

Please note Trump Cheers a Plunge of the US Dollar “I Think It’s Great”

Understand that a falling dollar makes imports more expensive.

Trump is cheering inflation.

I have no idea what I was thinking when I wrote that post. I clearly forgot about Father Bates.

Since, Trump is never wrong, higher prices must mean lower inflation. Otherwise we would have a contradiction. And as we have learned, contradictions cannot exist.

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January 28, 2026: Fed Holds Interest Rate Steady at 3.5 to 3.75 Percent. Two Dissents for Cuts

No surprises.

And for a look at what health care will do to the PCE price index, please see Expect a Big Divergence This Year Between CPI and PCE Inflation

Rent and Healthcare go different ways in 2026. Plus there are huge timing issues.

January 29, 2026: Dear Jerome Powell, Are You Sure the Fed Is in a Good Place?

That’s what Powell keeps saying.

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