"President Donald Trump has expressed a commitment to making homeownership more accessible to Americans as a crucial aspect of the American dream, particularly amidst a housing affordability crisis. Trump's remarks at a Department of Housing and Urban Development event emphasized his administration's efforts to facilitate affordable homeownership and reduce regulations for homebuilders. The housing affordability issue is underscored by a decline in the U.S. homeownership rate and increasing challenges faced by Americans in affording housing."
"Trump highlights affordable homeownership as a key priority, aiming to fulfill the American dream for millions of Americans. The U.S. homeownership rate has dropped to 65%, the lowest since 2019, reflecting a challenging housing affordability landscape. Trump vows to ease regulations on homebuilders to expand homeownership opportunities and tackle costly barriers in the housing market. The administration is contemplating emergency measures to address housing affordability, including reducing closing costs and standardizing building codes nationally."
President Donald Trump reiterated a focus on expanding affordable homeownership as a central element of the American dream, citing a housing affordability crisis. Remarks at a Department of Housing and Urban Development event stressed administration efforts to facilitate affordable homeownership and to reduce regulations on homebuilders to spur housing supply. The U.S. homeownership rate has fallen to 65%, the lowest since 2019, creating increased challenges for Americans seeking to buy homes. The administration is considering emergency steps such as lowering closing costs and standardizing building codes nationally to reduce barriers and expand opportunities for prospective homeowners.
Read at SFGATE
Unable to calculate read time
Collection
[
|
...
]