January 22, 2025

A shortage of homes is the ‘number one driver of housing cost,’ said a real estate expert.

“Many Americans are unable to purchase homes due to historically high prices, in part due to regulatory requirements that alone account for 25 percent of the cost of constructing a new home,” said the Jan. 20 order from Trump.

“Unprecedented regulatory oppression from the Biden Administration is estimated to have imposed almost $50,000 in costs on the average American household, whereas my first-term agenda reduced regulatory costs by almost $11,000 per household.”

Source: Trump Orders Emergency Price Relief for the US Housing Market

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