Summary
President Donald Trump spoke about housing in his State of the Union address, linking it to broader economic issues like inflation and income. He signed an executive order to prevent large investment firms from buying single-family homes. He called on Congress to make this order permanent and mentioned certain funds for military housing but did not outline specific housing policies.
Key Facts
- President Trump linked housing to general economic trends in his State of the Union address.
- He mentioned an executive order banning large investment firms from buying single-family homes.
- Trump urged Congress to make the ban on investment firms permanent.
- Military housing received $2.9 billion in funding from an omnibus budget bill.
- Trump claimed mortgage rates were at a four-year low and that the cost of new mortgages decreased significantly.
- No mention was made of specific federal housing programs or policies in the address.
- Real-time fact-checking reported some costs, like housing and utilities, increased over the past year.
