How Will Trump, Harris Address the Housing Affordability Crisis?

Housing affordability, a significant worry for many voters, has emerged as a central theme in both major party presidential campaigns.

U.S. home prices are at an all-time high, while rents are slightly near the record high registered in 2022.

Over the last few years, the national real estate market has experienced a plethora of headwinds contributing to record price gains, from limited housing inventory to the highest mortgage rates in more than two decades.
The presidential candidates, however, have different approaches to restoring affordability in the housing market.

Trump’s Plan

Former President Donald Trump has talked about the housing affordability crisis, most notably in his speech at the Republican National Convention in July.
“Starting on Day 1, we will drive down prices and make America affordable again. We have to make it affordable. It’s not affordable. People can’t live like this,” he said.

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