The Crash Will Be Worse Than 2008

George Gammon attempts to explain the latest effort of Donald Trump to "stimulate" housing starts by his deregulation order for both single family and multi-family home building. George believes that the concept is right on target for generating the kind of supply side increases that will be necessary to provide "affordability" in the near term. Unfortunately, as George illustrates, we are too deep into the bubble for it to work without enormous pain in that near term. Do you think he's right? Do you think there is time for it to matter?