Trump wants to drive US house prices up for homeowners, block those who don’t ‘work very hard’ from buying. Do this now

Core Viewpoint - President Trump's recent comments indicate a preference for maintaining or increasing home prices rather than allowing them to decrease, which he believes would benefit current homeowners [2][4]. Group 1: Housing Affordability Strategy - Trump's strategy to address housing affordability focuses on lowering borrowing costs rather than reducing home prices [2][3]. - He has ordered Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to help ease mortgage rates [3]. - Plans to ban large institutional investors from buying single-family homes are aimed at preserving homeownership for individuals [3]. Group 2: Market Implications - Trump's stance on not wanting to drive down housing prices could complicate the market for first-time buyers, who are already facing challenges [4]. - The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has increased by over 87% in the past decade, indicating that home prices remain significantly higher than they were ten years ago [4]. - The share of first-time buyers in the U.S. has dropped to a record low of 21%, with the median age of first-time buyers now at 40, reflecting a trend of younger Americans being priced out of the market [5].