The silence of Donald Trump on the American housing crisis star-news.press/wp

Donald Trump Silence in the housing accessibility crisis in the United States during their first speech from returning to the White House has problematic experts who worry that the question is no longer a priority for the president.

“President Donald Trump speech did not deal with the affordability of residential accessibility,” Realtor.com said the senior economist Joel Berner in a statement shared with Newsweek.

“Apart from a passing comment on how to make a government (government efficiency department) to reduce mortgage rates, speech is not mentioning the crisis of the list and accessories facing potential homeowners,” he added.

“Even when the cutting regulations was the topic, there was no specific development or land development. The construction of new homes was the important agenda administration, so it was disappointing that it would be disappointed.”

Why is it important

As millions were derived from purchase of homes in recent years, housing has become an important issue for US voters during the presidential race 2024. Trump ran Promise of campaigns to reduce the prices of house prices and increasing the list through mass deportations and deregulation of the construction sector, while it said that mortgages fall as a result of the growth of the US economy.

However, the prices of home are still growing throughout the United States, and housing experts are afraid of the impact that the Trump’s immigration policies and tariffs are imported from Canada, especially soft wood, can have the cost of construction and stock levels.

What to know

Trump address on the common session of Congress on Tuesday It lasted more than 90 minutes – the longest in at least 60 years, according to NPR. However, the president never dealt with Nation a permanent accessibility crisis in progress.

Trump just mentioned the mortgage rates, which still floats about 7 percent of the brand and is expected to remain between 6 percent and 7 percent in 2025. and 2026, in making his goal for Americans.

“We will beat inflation, bring down mortgages, the lower payments and food prices, protect our older people and put more money in American families,” said the president.

This statement came after Trump spoke about the plan of his administration to alleviate scam and waste in the Federal Government.

Alan Tidwell, University of Alabama Associate Professor of the Finance and Alabama of the Real Estate of Real Estate, would say that the administrative commitment “to deal with the central economic issue that directly affects the daily life of many Americans.”

“With limited supply, housing prices and lease prices continue to hover in medium high high high, making it critical concern,” he said Newsweek. “Focus on politics solutions focused on mitigation of this financial strain could encourage constructive dialogue and potentially create a common country through party lines.”

‘Disappointing’ failure

For some housing and economic experts, the president’s failure in the mentions of the housing crisis was a disappointment.

“President Trump showed us that the only consumers who are caring to buy cryptor or contributed to his cleavage to bring himself to his campaign,” Michael Negron, former House Economic Policy, said in the statement shared Newsweek.

“What we heard was much about his personal complaints, taken over the border and panama, renaming mountains and water bodies, which is repeated to comparison consumers through tariffs and giving the richest Americaid Americans,” he added. “This country deserves better.”

In front of the Joint Session on Tuesday, Berner said Newsweek He was expecting Trump to mention housing in his speech.

“We hope that the administration will strengthen the builders to resolve the gap for accommodation, which numbers in millions of Realtor.com, producing an affordable inventory,” said a favorable list, “a favorable list said.

“The building moved in that direction, by reducing the size of what was built, trying to fill in market gaps, but regulatory costs at all levels of government continue to make this challenging exercise.” It added a challenging exercise.

“We hope there will be no new headings, especially on construction entrances such as Canadian wood, which would keep high-rate inflation. We will listen to proposals that encourage economic growth and promote technological advances.”

Growing fears

Although fees for goods imported from Mexico and Canada were delayed for a month, Berner deals with light tariffs in these countries, “especially mentioning construction entries such as copper, steel and wood.”

US imports around a third of all Softwoods from Canada. The material that plays a key role in the construction house is expected to become more expensive with tariffs. This could potentially discourage new construction projects and worsen Currently the lack of supply in the US market.

“These costs will be transferred to builders and end up with new houses. He admitted that there would be a” little disorder “economy in the sail of these tariffs, but to be” fine with that, “Bern said.

Daryl Fairweather said, Redfin’s main economist, he said Newsweek that in the real estate industry, builders are the most undelivered.

“The trust of the builder fell in February, and is on his lowest level in five months. He will probably release again in March,” Fairweather said.

“This is because the builders rely on wood and other materials that are imported from Canada, Mexico and China. Currently, high interest rates also ache the balance of builders and expectations of housing demand.”

Berner added: “The announced tariffs did not have the only inflationary policy announced; also promised tax cover. The only indefinitely deflation proposal to cross the production of fossil fuels.”

For Tidwell, it is still “too early” to fully assess the impact of housing administration policies.

“It is important to consider that, based on previous rhetoric and action, we can see the continuation of deregulation and tax reform aimed at increasing the offer and improving accessibility,” he said Newsweek. “However, uncertainties around interest rates and tariffs could present significant windmills for the housing market that moves forward.”