During a Cabinet meeting on Jan. 29, Donald Trump made his housing policy unmistakably clear. He does not want homes to become affordable. He wants to keep prices high and make the people already inside the market wealthy. And homebuyers? They can stop dreaming.
Trump’s words were blunt. “People that own their homes, we’re gonna keep them wealthy. We’re gonna keep those prices up,” he said. He even repeated it for emphasis, “I don’t want to drive housing prices down.” Basically, his response to the affordability crisis is increasing the prices even further. But he forgot to explain the part where this makes sense.
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