Trump's 25% tax, or tariff, will almost certainly cause housing prices to skyrocket again. Guess who not coincidentally recently invested heavily in residential housing? The banks and big businesses that now own the country also recently purchased about 30% of America's residential housing, so these tariffs will be great for their portfolios! And the very wealthy can use this incease in value to borrow money at very low interest rates, which they won't get taxes on because they can write it off as debt.
Further, because the tariff is a regressive tax, it will have almost no effect on their income, and because Trump will use it to offset massive tax breaks for them, the very wealthy will get even wealthier. So, yes, "we" may feel some pain, but they won't. They won't feel any pain at all. In fact, they'll make out like the thieves they are.
