The White House is trying to show it's lowering the cost of living, but President Donald Trump has said he doesn't want to see the price of homes come down.

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.

  • foggy@lemmy.world
    2·
    4 hours ago

    Did y’all know we’re giving $9B in missiles to the 9/11 guys?

    $9B. In missiles. To the Saudis.

    But no, totally, let’s making getting a roof over Americans heads more difficult because America First or something.