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Trump Promises Housing Reforms Amid Rising Prices, Deficit

12/19/2025

Summary

Story summary

U.S. President Donald Trump pledged aggressive housing reforms on December 18 to curb prices.
He attributed rising prices to illegal immigration under the Biden administration.
He said mortgage costs have decreased since taking office and could fall further.
Trump cited a 4.7 million housing deficit caused by years of under-building and zoning restrictions.
He added that affordability remains a concern for first-time buyers whose average age has risen to 40.

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Story summary

U.S. President Donald Trump pledged aggressive housing reforms on December 18 to curb prices.
He attributed rising prices to illegal immigration under the Biden administration.
He said mortgage costs have decreased since taking office and could fall further.
Trump cited a 4.7 million housing deficit caused by years of under-building and zoning restrictions.
He added that affordability remains a concern for first-time buyers whose average age has risen to 40.