Tom Voutsos

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Tom Voutsos

Tom Voutsos

@TomVoutsos

Marine veteran, CEO of @LadderUpHousing. https://t.co/NMSkaYBkIk

Ohio Katılım Ocak 2012
53 Takip Edilen60 Takipçiler
Tom Voutsos
Tom Voutsos@TomVoutsos·
said, it should not take military service to have access to such a beneficial loan product. The history of the VA home loan program demonstrates that it works. Legislation should be passed to create a similar product for all first-time homebuyers.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Poor underwriting of income in low to no down payment mortgage products, exemplified by NINJA loans (no income, no job, no assets), had the expected, negative result. As a Marine veteran, I am grateful that I had access to the VA home loan program to buy my home in 2021. That
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Zero down mortgages do not have to be high-risk, and the VA home loan program proves it. The VA home loan is a zero down product. Did you know VA home loans performed better than Fannie, Freddie, and FHA loans during the crash in 2008? aei.org/wp-content/upl…
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Here's a quick way to decrease interest rates for homebuyers and increase affordability without relying on the Fed. Did you know Fannie and Freddie provide a government-backed guarantee to second homes and investment properties (up to 10 per person)? Fan and Fred should only provide that guarantee to primary residences. By doing so, it would increase MBS investor activity for these types of loans, driving down rates. Investors and people who can afford a second home don't need a government assist.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Markets like Austin and Phoenix show what happens when you have pro-housing policy. The quickest way to better pricing is increasing supply. Policies that don't encourage more supply, or inhibit it, will raise prices in any market, especially housing.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Each region, each state, each locality has different housing needs and priorities. A one size fits all approach will never work. Local leaders need to be held accountable by their residents. Communities inadvertently choose to have higher housing costs based on the leaders they elect.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
It's exciting that the Senate passed the ROAD to Housing Act earlier this month. But at its core, the bill is sticks and carrots focused on getting localities to adopt more pro-housing policies. Nothing is stopping local governments from enacting these types of policies immediately.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
India as the future dominant power in Asia. Despite advances in robotics in China noted in one of the graphs, the necessity caused by population decline in South Korea and Japan will see robotic innovation rapidly accelerate. Look for anti-robotic sentiment in certain regions in China to rise with youth unemployment continuing to increase.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
moving to decentralization. The same forces could easily occur in a place like China, which has far more diversity (geographic, economic, demographic) than most people realize. Xi's focus on maintaining power for life will eventually negatively affect China. That's why I see
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Tom Voutsos
Tom Voutsos@TomVoutsos·
Past performance does not guarantee future results. China benefitted from regular leadership changes that enabled the decentralized economic boom that occurred across the country since Deng. These leadership changes allowed for meritocracy instead of political power consolidation that might negatively affect growth. China will only continue on this trajectory to the extent that Xi allows.
Balaji@balajis

In retrospect, all the China cope over the last decade or so was really just the stealth on the Chinese stealth bomber. Hide your strength and bide your time was Deng's strategy. Amazingly, denying China's strength somehow also became America's strategy. For example, all the cope on China's demographics somehow being uniquely bad...when they have 1.4B+ people that crush every international science competition with minimal drug addiction, crime, or fatherlessness...and when their demographic problems have obvious robotic solutions. Or, for another example, how MAGA sought to mimic China's manufacturing buildout and industrial policy without deeply understanding China's strengths in this area, which is like competing with Google by setting up a website. Vague references to 1945 substituted for understanding the year 2025. One consequence of the cope is that China knows far more about America's strengths than vice versa. Surprisingly few Americans interested in re-industrialization have ever set foot in Shenzhen. Those who have, like @Molson_Hart, understand what modern China actually is. Anyway, what @DoggyDog1208 calls the "skull chart" is the same phenomenon @yishan and I commented on months ago. Once China truly enters a vertical, like electric cars or solar, their pace of ascent[1] is so rapid that incumbents often don't even have time to react. Now apply this at country level. China has flipped America so quickly on so many axes[2], particularly military ones like hypersonics or military-adjacent ones like power, that it can no longer be contained. A major contributing factor was the dollar illusion. All that money printing made America think it was richer than China. And China was happy to let America persist in the illusion. But an illusion it was. Yet another way in which Keynesianism becomes the epitaph of empire. [1]: asiatimes.com/2025/07/thucyd… [2]: x.com/balajis/status…

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Tom Voutsos
Tom Voutsos@TomVoutsos·
@davidshor @DKThomp @conorsen I think reading remains important simply because writing will remain necessary. Written prompts are needed to maximize AI functionality (or enjoyment).
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David Shor
David Shor@davidshor·
@DKThomp @conorsen I think reading is basically going to be like getting married before you have kids - it’ll decline for everyone but will decline much faster for working class people than educated people, making it even more of a class marker than it ever was before
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Conor Sen
Conor Sen@conorsen·
My gut feeling is that parents trying to make their kids elite at reading and writing as a backlash against our screen/video world are like teaching their kids the Dewey decimal system, microfiche, driving a stick shift. Kids intuitively know they’re growing up in a video world.
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Tom Voutsos
Tom Voutsos@TomVoutsos·
I'm looking forward to joining @TernerLabs and the @leagueofcities on Thursday, February 27 for "The Housing Moment: Innovations for a Better Future." I'll be participating in a panel on homeownership and wealth creation. If you'd like to watch the livestream, here's the link to register: ow.ly/zvRb50UQHpV
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Rob Topping
Rob Topping@ToppingCapital·
The irony that as Larry Fink moves from mortgages to #BTC the Disruptors at Safe Rate think about a more equitable and better experiential in #mortgages Announcing two major pilots and a new fundraise learn.saferate.com/p/b6db03f1-d0d…
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U.S. Marines
U.S. Marines@USMC·
Happy Birthday, Marines! Today, we celebrate 249 years of unmatched courage, unwavering dedication, and a legacy of service that has shaped our nation’s history.
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