June home sales drop to the slowest pace in 14 years as short supply chokes the market

Landon Caeli · Jul 20, 2023

"Home sales fell, but home prices have held firm in most parts of the country,” Yun said. “Limited supply is still leading to multiple-offer situations, with one-third of homes getting sold above the list price in the latest month.”

“There are simply not enough homes for sale,” said Lawrence Yun, chief economist for the Realtors. “The market can easily absorb a doubling of inventory.”

June home sales drop to the slowest pace in 14 years as short supply chokes the market

June home sales declined 18.9% compared with last year. That's the slowest sales pace for June since 2009.

www.cnbc.com

Landon Caeli · Jul 20, 2023

Now, let's talk about Donald Trump’s "Freedom Cities" and the lefts total inaction in regards to positive American living standards.

https://www.axios.com/2023/03/04/trump-freedom-cities-proposal-2024-campaign

10 new cities proposal..! :

Landon Caeli · Jul 20, 2023

His ideas are spot on! Start tearing down old dilapidated buildings that ought to be condemned, everywhere, and replace them with nature, while simultaneously building 10 new futuristic cities.

...*This* is what we need in a a president. Someone with fresh, forward-looking ideas.

Pommer · Jul 20, 2023

Landon Caeli said:
His ideas are spot on! Start tearing down old dilapidated buildings that ought to be condemned, everywhere, and replace them with nature, while simultaneously building 10 new futuristic cities.

...*This* is what we need in a a president. Someone with fresh, forward-looking ideas.

Sounds like, socialism?

Landon Caeli · Jul 20, 2023

Pommer said:
Sounds like, socialism?

Actually, he wants to begin a kind of contest, where developers offer proposals. The winning developers will be given the government land. So it's not actually socialism, it's what a "functioning" government looks like.

I also don't think building the interstate highway system was socialist, likewise.

GreatLakes4Ever · Jul 20, 2023

1) Three years ago we were in the depths of the COVID pandemic.

2) What is the rubric for these new cities that developers will compete for the right to build?

3) “Vertical take off and landing vehicles for families and individuals”? Those are planes/helicopters/Ospreys. That is a horrible idea. Turning every fender bender into a plummet to your death is an idiotic idea.

Landon Caeli · Jul 20, 2023

GreatLakes4Ever said:
3) “Vertical take off and landing vehicles for families and individuals”? Those are planes/helicopters/Ospreys. That is a horrible idea. Turning every fender bender into a plummet to your death is an idiotic idea.

Think of it as an option rather than a requirement. Imagine right-of-ways, with grass below, where flying drones operate the same way as self-driving cars, fully automated, you just tell it where you want to go, and it's like your own personal little bus or train car - that fly's.

...Who knows what the great engineers of 21st century might think of.

Desk trauma · Jul 20, 2023

Landon Caeli said:
His ideas are spot on! Start tearing down old dilapidated buildings that ought to be condemned, everywhere, and replace them with nature, while simultaneously building 10 new futuristic cities.

Where are these vast empty tracts of desirable land with resources for large cities hidden?

Landon Caeli said:
...*This* is what we need in a a president. Someone with fresh, forward-looking ideas.

Spitballing grand schemes and being forward thinking are not the same thing.

Paulos23 · Jul 20, 2023

Landon Caeli said:
His ideas are spot on! Start tearing down old dilapidated buildings that ought to be condemned, everywhere, and replace them with nature, while simultaneously building 10 new futuristic cities.

...*This* is what we need in a a president. Someone with fresh, forward-looking ideas.

And where will these cities be built? You know why the current cities are where they are right? It is near impossible to make a new city in the middle of nowhere.

It would be better to remove old buildings and replace them with multi unit housing while improving the zoning laws for walkable neighborhoods. Trump is just spitballing, seeing what will stick with voters. It is not like he will had that power when he was President.

Landon Caeli · Jul 20, 2023

Paulos23 said:
And where will these cities be built? You know why the current cities are where they are right? It is near impossible to make a new city in the middle of nowhere.

It would be better to remove old buildings and replace them with multi unit housing while improving the zoning laws for walkable neighborhoods. Trump is just spitballing, seeing what will stick with voters. It is not like he will had that power when he was President.

Not sure if you watched the video, but he did mention things about building industries at these locations, which would mean jobs, which is a draw for young working families.

...This is where Donald tells us he is the man for the working class voters. Not like the democrats, who *only* care about the poorest of the poor, or the typical right, who support the super-wealthy... Here, Trump is making promises for the entire middle. Which is something that hasn't been witnessed in the United States in 4 decades (when the left cared about American jobs going overseas).

Landon Caeli · Jul 20, 2023

To me, this is worth more than ALL the other politics combined in America.

...Something all sides should jump on immediately, and press hard on together.

Desk trauma · Jul 20, 2023

Landon Caeli said:
Not sure if you watched the video, but he did mention things about building industries at these locations, which would mean jobs, which is a draw for young working families.

...This is where Donald tells us he is the man for the working class voters. Not like the democrats, who *only* care about the poorest of the poor, or the typical right, who support the super-wealthy... Here, Trump is making promises for the entire middle. Which is something that hasn't been witnessed in the United States in 4 decades (when the left cared about American jobs going overseas).

Again, where are these desirable places with the resources for large cities hidden?

Landon Caeli · Jul 20, 2023

Desk trauma said:
Again, where are these desirable places with the resources for large cities hidden?

In the video, Trump says that the U.S. government owns 1/3 of the total U.S. land... and that he is willing to donate a portion of it for these 10 new cities. We don't know exact locations yet, but with that much property, I'm sure we can figure out which locations are best out of the whole, and just make it happen.

Even if we can only decide on 7 locations, 7 cities is still a major success. It would bring hundreds of thousands out of poverty. Black, white and brown. Dignity restored for many!

Landon Caeli · Jul 20, 2023

We really need a grandiose idea right now. We really do.

Paulos23 · Jul 20, 2023

Landon Caeli said:
Not sure if you watched the video, but he did mention things about building industries at these locations, which would mean jobs, which is a draw for young working families.

...This is where Donald tells us he is the man for the working class voters. Not like the democrats, who *only* care about the poorest of the poor, or the typical right, who support the super-wealthy... Here, Trump is making promises for the entire middle. Which is something that hasn't been witnessed in the United States in 4 decades (when the left cared about American jobs going overseas).

No, that is his real estate roots showing through. Making a city out of whole cloth takes money, and many companies have tried it. Very few have successfully kept a town, much less a city, going.

This is not a new idea, and it sounds like an idea for Trump to sell some land that is currently worthless.

And I will believe he is for the working man when he actually pays working people a livable wage.

Paulos23 · Jul 20, 2023

Landon Caeli said:
We really need a grandiose idea right now. We really do.

We need a lot of workable ideas. No one idea is going to fix everything.

Landon Caeli · Jul 20, 2023

Paulos23 said:
No, that is his real estate roots showing through. Making a city out of whole cloth takes money, and many companies have tried it. Very few have successfully kept a town, much less a city, going.

This is not a new idea, and it sounds like an idea for Trump to sell some land that is currently worthless.

And I will believe he is for the working man when he actually pays working people a livable wage.

Irvine California is a 100% masterplanned city. It's the nicest one in all of OC, and all it took was close proximity to other cities, and a University to kick it off.

Together, we can make this happen, you know in your heart of hearts it's true.

Paulos23 · Jul 20, 2023

Landon Caeli said:
Irvine California is a 100% masterplanned city. It's the nicest one in all of OC, and all it took was close proximity to other cities, and a University to kick it off.

Together, we can make this happen, you know in your heart of hearts it's true.

I also know if we don't work on getting rid of our dependence on the car in our city planning this will mean squat. But the average American is not going to give up their car.

Just looking at your example it proves how hard it is. Other cities where needed to help feed it's economy, which required commuting. Not really a good start. And you are not going to find that many places for a city like that were there isn't already a city.

And then there is the question who is going to move into this city. Is it going to be priced just for the rich? With Trump I am sure that will be the case.

While this is a neat idea on the surface, it doesn't pan out. We are better working on fixing the cities we have and stopping urban sprawl.

Landon Caeli · Jul 20, 2023

Paulos23 said:
I also know if we don't work on getting rid of our dependence on the car in our city planning this will mean squat. But the average American is not going to give up their car.

Just looking at your example it proves how hard it is. Other cities where needed to help feed it's economy, which required commuting. Not really a good start. And you are not going to find that many places for a city like that were there isn't already a city.

And then there is the question who is going to move into this city. Is it going to be priced just for the rich? With Trump I am sure that will be the case.

While this is a neat idea on the surface, it doesn't pan out. We are better working on fixing the cities we have and stopping urban sprawl.

Is that the life you prefer? Or are you willing to suffer for the sake of responsibility, by moving into highly overpopulated, and congested downtown cities?

Desk trauma · Jul 20, 2023

Landon Caeli said:
We really need a grandiose idea right now. We really do.

We really do not. Basic federal government functions, such as commissioning military officers, are not taking place, it’s not the time for grand plans and the former presidents record shows he’s not the man to implement them.

June home sales drop to the slowest pace in 14 years as short supply chokes the market

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