When inflation became a real hot problem, the Federal Reserve raised interest rates, indirectly lifting mortgage rates. Americans were left with high home prices and high mortgage rates-and still are, to an extent.
The young voters who, after years living in their parents' basement, swung right in this election, will expect President Trump to act as America's real estate developer in chief, and build the housing that they need.
Trump can maybe fix that, according to Kelman, by 'setting aside well-meaning regulations on home-building that limit construction and make housing less affordable,' he said.
Biden's basic problem with millennials is how optimistic can you be about the economy from your parents' basement?
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