President-elect Donald Trump has promised to lower housing costs, and economists think some of his policy proposals could do just that.
Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market.
Trump has promised to reduce federal regulations that make home building more costly 'with the goal of cutting the cost of a new home in half,' he said.
However, his proposals to increase tariffs, deport millions of immigrants, and cut housing assistance could increase home prices and rents.
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