Fannie Mae-No Politics (FNMA)

[navycmdr]

How Trump Can Ease the Housing Crisis

His five-step plan should include auctioning off federal land,

deporting illegal immigrants and rolling back regulations.

By Edward Pinto - Dec. 19, 2024 5:45 pm ET



President-elect Trump has the opportunity to provide our children and grandchildren
he same homeownership opportunities as earlier generations. He can do it without
the massive subsidies, home-price inflation and market inefficiencies that Kamala
Harris’s housing plan would have required. Mr. Trump should consider five steps to
make homeownership great again.

First, he should direct his interior secretary to have the Bureau of Land Management
auction off land suitable for residential development. Land sales totaling 828 square
miles would be enough to build about 4.2 million new homes over 10 years. This
constitutes 0.3% of the BLM’s 269,000 square miles in 10 states: Arizona, California,
Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah and Wyoming.