Core Viewpoint - President Trump aims to maintain high home prices to support existing homeowners, contrary to the need for increased construction to address housing affordability issues in America [1][2][3]. Group 1: Housing Market Dynamics - Trump's focus on keeping home prices high may alienate younger voters who are struggling with housing affordability [3][5]. - The under-40 demographic is crucial for electoral success, as they significantly contributed to Trump's previous victory [4][5]. - Homeownership among Trump's voter base is high, with 81% of his voters being homeowners, which may lessen the urgency of housing as an electoral issue [4]. Group 2: Construction and Supply Issues - There is a significant lack of housing supply, with permits for single-family homes dropping by 9.4% over the past year to an annual rate of 876,000 [8]. - Real estate professionals report a competitive market with properties receiving multiple offers due to low inventory [7]. - Trump's previous calls for increased construction have not been followed by action, and he has recently shifted away from policies that would increase housing supply [10][11]. Group 3: Economic Implications - Rising home prices have outpaced income growth, complicating the ability for families to save for down payments or upgrade homes [13][14]. - Economic growth could further increase demand for housing, exacerbating affordability issues [15]. - Experts suggest that construction of single-family homes would need to increase by 50% to 100% over the next three years to stabilize home prices [16].