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Can Trump make buying a home more affordable?

Planet Money

Shownote

Book tour dates and ticket info here. Housing is too expensive. Everyone knows this. Democrats know that talking about it plays well with voters. And now – in a midterm election year – President Donald Trump seems to be focused on it, too.  His administr...

Highlights

This episode explores the real-world consequences of America's housing affordability crisis through the story of one National Guard member—and examines two high-profile policy moves introduced during a politically charged midterm year.
02:55
He deployed to Djibouti for tax-free pay to afford the down payment
08:59
Big Wall Street firms owned about 0.3% of all housing units, 3% of rentable single-family and townhomes, and drove 5% of such purchases from 2010–2022
15:10
Big landlords may have made housing more expensive only during the COVID 'bananas' period
21:51
The announcement pushed mortgage rates down 0.2 percentage points
27:44
Buying a house is about gaining control of life and realizing hobbies

Chapters

What happens when a National Guard member gets priced out—and lives in a tent?
00:00
Do Wall Street landlords really control the housing market?
06:15
Can an executive order stop big investors from raising prices?
15:10
Why did mortgage rates drop—and then jump right back up?
21:51
How does owning a home change what you’re free to do with your life?
27:44

Transcript

Speaker 1: This message comes from Insperity. Excellence takes drive, work, perseverance. Tiger Woods brings it to the course. Insperity brings it to your business. Want to be the best? Work with the best. Insperity. How you HR matters. Learn more at Inspe...