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Trump will inherit a housing market creaking under the strain of high prices and high interest rates

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Trump's administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use. But economists and housing market experts say sweeping changes are hardly so simple.
The article from AOL Finance discusses the potential impact of Donald Trump's policies on the U.S. housing market, which is already showing signs of strain. It highlights that despite a robust economy, the housing sector faces challenges like rising interest rates, which could be exacerbated by Trump's proposed tax reforms and deregulation efforts. These policies might lead to increased economic volatility, potentially affecting housing affordability and market stability. The article also mentions concerns about the Federal Reserve's actions under Trump's influence, which could either stabilize or further destabilize the market. Additionally, it notes the possibility of a housing bubble due to high home prices and the risk of a market correction if economic conditions shift unfavorably.

Read the Full AOL Article at:
[ https://www.aol.com/finance/trump-inherit-housing-market-creaking-130555997.html ]