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Trump's tariffs made California's housing crisis worse: A 'perfect storm of the wrong kind'


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Trump's tariffs made California's housing crisis worse: A 'perfect storm of the wrong kind'

WASHINGTON -- President Donald Trump’s tariffs have created the “perfect storm” at the wrong moment for the housing industry, California builders say. 

The California Building Industry Association estimates tariffs have driven up the cost of an average-size new home by $20,000 to $30,000. 

That comes from tariffs on appliances, certain counter tops and other miscellaneous items that “at the end of the day, really add up,” according to Dennis Fitzpatrick, owner of Fitzpatrick Homes in Modesto. 

The industry was already struggling, particularly in California, because of increased costs. They face rising fees from local governments and a shortage of space and labor to build. The added cost and uncertainty of tariffs have pushed it that much further, builders say. 

Read more here: https://www.mcclatchydc.com/news/nation-world/national/regional/the-west/article234699897.html
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If you CHOOSE to buy products under tariff vs those that don't..... who is the fucking moron?

How exactly do they determine what a consumer would buy to reach that number?

 

Edited by Snake
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2 hours ago, Snake said:

The $10k per house requirement for solar... well... that's :bc:

And no natural gas. Can’t use that. All the crazy rules out there is what adds to the cost and complexity. Let’s blame trump!

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Posting for dumbasses here...

The California Building Industry Association estimates tariffs have driven up the cost of an average-size new home by $20,000 to $30,000. 
 
That comes from tariffs on appliances, certain counter tops and other miscellaneous items that “at the end of the day, really add up,” according to Dennis Fitzpatrick, owner of Fitzpatrick Homes in Modesto. 

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8 minutes ago, Mainecat said:

Posting for dumbasses here...

The California Building Industry Association estimates tariffs have driven up the cost of an average-size new home by $20,000 to $30,000. 
 
That comes from tariffs on appliances, certain counter tops and other miscellaneous items that “at the end of the day, really add up,” according to Dennis Fitzpatrick, owner of Fitzpatrick Homes in Modesto. 

:lol: 

What a bunch of bullshit...but, some of us like that taste.  Right MC?

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3 minutes ago, Pete said:

It’s California 

I could give a rats ass what happens to that pathetic state. They get what they deserve shoved right their asses 

Pete it’s happening across the country.

sometimes I wonder

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