Yes, America Has a Housing Emergency – Paul Krugman
6 days ago
- #Housing Crisis
- #Trump
- #National Emergency
- Trump officials may declare a national housing emergency, which is actually true.
- Trump's policies on housing are likely to worsen the housing crisis.
- Trump has a history of declaring false emergencies for power grabs.
- Courts have ruled against Trump's emergency-based actions as illegal.
- Housing prices have risen significantly faster than the overall cost of living.
- The current housing price surge is a national phenomenon, unlike the 2000s bubble.
- Urban sprawl has reached its limits, making it hard to expand housing outward.
- Increasing population density is a solution, but local politics often block it.
- The Trump administration opposes measures that would increase housing supply.
- Trump's policies, like tariffs and deportations, further discourage home construction.
- The housing emergency might be used as an excuse for another power grab.