level off and home sales are slowing down. they re not turning negative a month over a month but they re starting to slow down here in some key areas that i ve been watching here in kingsview. so this could be a sign of the times that things are slowing in the housing market and that s not good for us here at home. if he s right, he bases it on the idea that we ll go in a housing meltdown and that housing doesn t have the allure that it once did. we didn t give it the favorable tax treatment with the low mortgage deduction and a high tax state virtually no deduction, so it s losing its appeal. certain high priced markets, one way to go, south. what do you think of that? it s true. the millennial generation are not buying homes either so you have the new buyers that are not there. i ll tell you what else
happening to housing. what do you say? housing doesn t lead the economy. the housing market didn t bottom until 2011. the recession bottomed in 2009. neil: their point, housing isn t a big of deal as you make it to be. you say what? it accounts for 15 to 20% of overall economic growth. not just the housing market. but also all the other different aspects that housing tends to stimulate through the economy. so it is a significant part. it s not going to cause a recession by itself. in fact, it s just the opposite. i think the risk to the housing market, if prices are overinflated or getting overinflated as we think is that in an economic slow down and if interest rates are a half or a full percentage point higher than they are today, then those housing prices could come down a notch or two and possibly more if we go into an actual
there s nothing out of this campaign that says we need to provide more affordable housing. we have to find ways to help people avoid for closure who have been paying their rent and maybe lose their jobs for a period of time. and if you don t the economy never comes back strong enough if you don t provide if housing doesn t contribute to it and it s not contributed the way it needs to. you had this vote about democratic senators posture towards appointments. you said, they ve been awarded for stealing a supreme court justice. we re going to help them confirm their nominees, many of whom are disqualified? it s not obstruction or partisan. it s just a duty to find out what they do in these jobs. what s your approach here? well, my approach is take potential secretary carson. i want to know what he s going to do on housing, on housing discrimination, what he s going to do on section 8, what s he
housing doesn t contribute to it and it s not contributed the way it needs to. you had this vote about democratic senators posture towards appointments. you said, they ve been awarded for stealing a supreme court justice. we re going to help them confirm their nominees, many of whom are disqualified? it s not obstruction or partisan. it s just a duty to find out what they do in these jobs. what s your approach here? well, my approach is take potential secretary carson. i want to know what he s going to do on housing, on housing discrimination, what he s going to do on section 8, what s he going to do with the old hand program and provide moderate income housing to low-income people with the potential sector of health and human services who built his own career on raising the eligibility age for medicare and privatization of medicare. we in no way should just confirm these nominees without any questions. i mean, they have been out of the mainstream in this country
2016 is the year of nothing matters. i disagree that hud is the least important. it is very important. arguably. well, i m going to argue. ben carson had a tough experience growing up. he said he has familiarity with inner cities. just because you live in subsidized housing doesn t make you qualified to run this agency. and he has said things about cutting programs that people rely on in the past. i think he s a terrible choice to run hud. i m going to get on a soap box. i covered hud for years. it s an enormously complicated agency. section 8, people don t know about this program, it keeps a lot of people off the street. if he s serious, he has the intellectual capacity. he s one of the most brilliant people to ever run for president. one of the most interesting things that happened today was al gore leaving a meeting with donald trump, walking downstairs to the cameras in trump tower, rick, and he said, i was, you know, extremely interested in