
The Indicator from Planet Money Trump's plans for the housing market
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Nov 26, 2024 The rising burden of housing costs is a pressing issue across the U.S. The discussion dives into Donald Trump's proposed solutions, balancing between supply-side and demand-side strategies. Key themes include potential mortgage rate reductions and significant regulatory changes aimed at improving affordability. The podcast also explores the broader economic consequences of policies like federal land development and tariffs, questioning their effectiveness in tackling the housing crisis. It's an insightful analysis of a contentious topic.
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Trump's Housing Plan
- Trump's housing plan aims to increase supply and boost demand.
- He proposes deregulation, using federal land, and tax incentives.
Demand-Side Policies
- Trump suggests tax incentives and support for first-time homebuyers to boost demand.
- Details on these incentives remain unclear.
Inflation and Mortgages
- Trump claims slashing inflation will lower mortgage rates, making housing more affordable.
- However, he doesn't directly control inflation or mortgage rates.
