Trump's 2024 Win Sparks Housing Market Uncertainty with Rising Mortgage Rates

1 min read
Source: TheStreet
Trump's 2024 Win Sparks Housing Market Uncertainty with Rising Mortgage Rates
Photo: TheStreet
TL;DR Summary

The 2024 election is expected to significantly impact the housing market, with both Kamala Harris and Donald Trump proposing distinct housing policies to address affordability issues. The market currently favors older generations, with high mortgage rates and low inventory making it difficult for younger buyers. Harris's plan includes subsidies and tax credits to boost housing supply, while Trump focuses on deregulation and immigration control. These policies are crucial for young voters, who prioritize housing affordability as a key election issue.

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