New President Signs Executive Order to Cut Housing Costs

🏠 New President Signs Executive Order to Cut Housing Costs

On January 20, 2025, President Donald Trump signed an executive order aimed at addressing inflation, with a particular focus on reducing housing costs. The order directs federal agencies to implement measures to lower housing expenses and increase the availability of affordable homes.

Key Points:

• Reducing Housing Costs: The executive order mandates the identification and removal of regulations that contribute to high housing prices, aiming to make homeownership and renting more affordable for Americans.
• Expanding Housing Supply: Federal agencies are tasked with promoting policies that encourage the development of additional housing units, addressing shortages in various markets.
• Energy Policy Adjustments: In a related move, President Trump reversed certain energy policies from the previous administration, including rejoining the Paris Climate Agreement, with the intention of lowering energy costs.