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In addition, U.S. home prices have risen by 47% in the past decade.
Trump said inflation was a primary cause of the current state of the economy.
Here are four ways Trumps housing policies could affect middle-class homebuyers.
you might also check outseveral ways a Trump presidency could help middle-class taxpayers.
The plans basic concept has bipartisan support.
However, Republicans and Democrats disagree on whether the federal land for sale should be vacant.
Youre talking about cutting your [permits] down in half, Trump said in aBloomberg interviewin July.
Your permits, your permitting process.
Your zoning, ifand I went through years of zoning.
Zoning is like… its a killer.
But well be doing that, and well be bringing the price of housing down.
The expanded supply will help improve affordability.
Thats enough oil to fill about 17 billion average car gas tanks or every car on earth several times.
Trump pledged to lower energy costs for consumers by half if he wins re-election.
Increasing fossil fuel production impacts home costs because energy prices consume a significant portion of construction costs.
The former President also promised to increase oil supply and lower costs by declaring a national emergency.
A U.S. President can create an optimal environment for thefossil fuels industrythrough tax breaks and deregulation.
The president can also encourage other oil-producing countries to produce more or less.
Regarding affordable housing, increasing trade tariffscould escalatethe cost of common housing materials like steel and lumber.
Deepening a trade war with Chinacould counteractTrumps other policies to alleviate housing prices.
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