"President Donald Trump wants to keep home prices high, bypassing calls to ramp up construction so people can afford what has been a ticket to the middle class.Trump has instead argued for protecting existing owners who have watched the values of their homes climb. It's a position that flies in the face of what many economists, the real estate industry, local officials and apartment dwellers say is needed to fix a big chunk of America's affordability problem."
""I don't want to drive housing prices down. I want to drive housing prices up for people that own their homes, and they can be assured that's what's going to happen," Trump told his Cabinet on Jan. 29.That approach could bolster the Republican president's standing with older voters, a group that over time has been more likely to vote in midterm elections. Those races in November will determine whether Trump's party can retain control of the House and Senate."
President Donald Trump supports preserving and raising home values rather than increasing housing construction to improve affordability. He emphasizes protecting existing homeowners whose property values have risen and pledges not to drive housing prices down. The stance could strengthen support among older, wealthier homeowners and improve Republican prospects among a high-turnout older electorate in midterm elections. Prioritizing older homeowners risks alienating younger voters who expanded his 2024 coalition, and lower turnout among under-40 voters could influence control of the House and Senate in November.
Read at Fast Company
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