Donald Trump's future tax cuts for the rich are predicted to worsen general living standards, specifically by increasing competition for housing, which will cause house prices to rise and make home ownership unaffordable for the younger generation, forcing them to rent longer and incur more debt by borrowing from the rich.
"Donald Trump will oversee a massive cut in the tax of rich people and that will make your living standards worse. If rich people get an enormous amount of money, they will use that money to buy the things you need. They will out compete you and your children for housing. House prices will go up. Your kids will not be able to afford a house. That means they will rent for longer. That means they will have to borrow money from the rich to buy houses. They will pay more interest."
