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Posted on 04/20/2026 8:00:36 AM PDT by millenial4freedom
WASHINGTON, D.C. — White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic growth.
Trump has signaled that taming high housing costs is a top priority for his administration.
The housing chapter of the annual economic report, obtained by The Associated Press before its release, lays out a blueprint for how more home construction would help the middle class and the overall economy, setting up an argument that Trump could make to voters.
Put together by staff at the White House Council of Economic Advisers, it finds there would be 10 million more houses in the country if “homebuilding and the growth of the single-family housing stock had continued at their historical pace instead of falling dramatically” after the 2008 global financial crisis. That crisis was caused largely by a wave of defaults in the housing market, where prices had been fueled by problematic lending practices.
The analysis notes that home prices have risen 82% since 2000, while incomes are up just 12% — a mismatch that had been masked for a period by historically low mortgage rates. But when rates jumped with inflation in the aftermath of the pandemic, monthly mortgage costs also rose for buyers, and affording a home became a top concern for voters under 40.
The report says that various regulations on home construction add more than $100,000 in costs to building. That cost includes changing the building codes over the past decade, compliance costs and zoning approval fees, among other expenses.
By the report’s estimates, a reduction in those regulatory costs could help spur construction of as many as 13.2 million homes.
(Excerpt) Read more at nsjonline.com ...
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Kick out the remaining illegal aliens. That’ll reduce housing demand.
Get government out of the way and let the marketplace handle it.
almost all of the housing deficits can be directly attributed to insane cost increases due to insane local zoning and local building code regulations,especially in blue states and blue cities that pile on ridiculous requirements, such as so-called “net zero” buildings ... period ... there’s very little that can be done to override that at the Federal legislative level
They will 700sqft commie blocks and still cost $300k+/unit.
Deport, deport, deport, deport!
The only way government can help is to do nothing.
Deport illegals: problem mostly solved.
Wrong, they can deport deport deport.
Wrong
THAT IS THE FASTEST MOST PERMANENT END TO THE PROBLEM.
USA BIRTH RATES ARE DOWN. HOUSING ISSUES WILL EASE.
Really?
Right. Deport deport deport.
Wait for the baby boomers to die off - we won’t be around forever.
More ADU’s is the answer. Everyone is living alone these days and don’t require too much space.
Homes should have never become a speculative asset.
Its so common now that in major urban areas, a large portion of homes (and condos) are held as speculative investments - from middle-class investors holding 1-2 for rental income, to massive investment funds holding thousands of units.
Apartments are being massively built now in my neck of suburban Florida. and not condos. They are destined to be ghettos sooner or later. There is obviously some tax loopholes involved. Somebody builds it, sells it along after a few years or less, etc. Rinse and repeat. Take away the financial incentives and you will get more owner occupied condos built.
Hundreds of homes have been built in the last two years around here. Illegals haven’t bought a single one of them.
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