Summary
President Donald Trump announced plans for significant housing reforms to address the ongoing affordability crisis in the U.S. He has not specified the details of these plans but hinted at possible proposals like opening federal land for housing and introducing a 50-year mortgage. Trump blamed immigration for rising housing costs and noted that his administration has deported a significant number of migrants.
Key Facts
- President Trump plans to introduce major housing reform to tackle the U.S. affordability crisis.
- Home prices increased by 48% between 2019 and 2024, outpacing income growth.
- The U.S. homeownership rate fell to 65% in 2025, the lowest since 2019.
- Trump attributed rising housing costs partially to high immigration.
- His administration claims over 605,000 deportations and "self-deportation" of 1.9 million migrants.
- Trump hinted at using federal land for new housing development.
- He proposed the idea of a 50-year mortgage to make buying homes more affordable.
- The average 30-year mortgage rate was 6.21% as of December 18, 2025.
