Trump can solve the housing crisis, but he needs to get tough with states
Fox News
America faces a housing crisis as home prices surge beyond wages, locking out first-time buyers, but Trump can solve the problem by turning up the heat on states.
The massive regulatory burden weighing down homebuilders makes it harder and more expensive to construct new homes. Justin Haskins is a New York Times bestselling author and a senior fellow at The Heartland Institute and Our Republic.
In 1950, the United States had 23.6 million owner-occupied housing units. By 2000, that number had climbed to roughly 70 million. That represents an increase of about 196% over 50 years. During that same period, the U.S. population grew from roughly 151 million to about 281 million, an increase of approximately 86%. For half a century, America was building owner-occupied housing at more than twice the rate of population growth. Housing supply was not merely keeping up with demand. It was staying well ahead of it.
That era is over.
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