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Bessent says Trump administration will tackle high housing costs with new measures

The Trump administration plans measures like standardized zoning codes and tariff breaks to tackle housing affordability before the 2026 midterms, addressing supply and cost challenges.

  • Trump administration is considering declaring a national housing emergency in the fall to address affordability issues.
  • The administration is exploring measures like standardizing zoning codes, reducing closing costs, and granting tariff exemptions on construction materials.
  • While lower interest rates may ease some price pressures, they are unlikely to fix supply shortages, with existing home sales down sharply from 2022 levels.
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Portfolio.hu broke the news in on Monday, September 1, 2025.
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