The NEGATIVE IMPACT of Trump’s Economic Policy. HOME BUYERS BEWARE. Let’s follow the rules of Economics101: FIRST: Lower Taxes = More Money for Individuals to Spend = Higher Inflation THEN… Higher Inflation = Higher Mortgage Rates Everyone wants lower taxes, but the reality is, that may very well lead to inflation, and thus higher mortgage rates for home buyers. That’s the First of the Home Buyer Double Whammy… SECOND: Homes are largely built with low-cost immigrant labor (30%+ of construction workers are immigrants). If we cut down on immigration, we’re going to need to fill those roles with U.S. born workers, which demand higher wages. Higher Wages = Higher Costs. Like I said in the video, I’M NOT A HATER, my prior video was on the POSITIVES of Trump’s economic policies. But if I’m asked about the negative… It’s inflationary and may be troublesome to HOME BUYERS. #politics #economics #finance #homebuyers #mortgagerates #realestate #realtors #investing #investor