President Donald Trump Says He Will Drive Housing Prices Up
Trump told a Jan. 29, 2026 Cabinet meeting he wants to raise housing prices and expects a new Fed chair to lower interest rates.
![Trump: "I Want To Drive Housing Prices Up" [VIDEO]](https://www.joemygod.com/wp-content/uploads/2026/01/Trump2026orangefishmouth.jpg)
Overview
President Donald Trump said at a Jan. 29, 2026 Cabinet meeting that he wants to "drive housing prices up" to preserve homeowners' wealth, according to NBC News reporting and attendees' accounts.
The comment comes after the White House on Jan. 20, 2026 issued an executive order banning institutional investors from buying single-family homes and moved to purchase mortgage-backed securities to lower mortgage rates, according to White House officials.
Democratic New York Gov. Kathy Hochul's press office posted on X on Jan. 29, 2026 that "not only does the president not care about lowering home prices, HE ACTIVELY WANTS TO KEEP THEM HIGH!!," reflecting partisan pushback.
The U.S. Federal Housing Finance Agency reported on Jan. 27, 2026 that housing prices rose 0.6% in November, and Redfin reported the median national home price reached $433,000 in November 2025, underscoring elevated costs.
Trump told Cabinet members he intends to announce his nominee for Federal Reserve chair next week and said that the new chair will bring lower interest rates to sustain home values, a claim disputed by economists who point to supply shortages, according to NBC News.
Analysis
Center-leaning sources frame the piece as a tension between President Trump's avowed desire to keep home values high and broader affordability concerns. They emphasize this through a lead focused on his declaration, evaluative verbs like "soared," selective presentation of record-price data, and limited voices from renters, low-income buyers, or housing advocates.
FAQ
Trump issued an executive order banning large institutional investors from buying single-family homes and directing the purchase of mortgage-backed securities to lower mortgage rates.
Trump said he wants to drive housing prices up to preserve homeowners' wealth, while expecting a new Fed chair to lower interest rates to sustain home values.
Redfin reported the median national home price reached $433,000 in November 2025, with housing prices rising 0.6% in November per the Federal Housing Finance Agency.
Democratic New York Gov. Kathy Hochul's press office posted on X that Trump actively wants to keep home prices high and does not care about lowering them.
The administration directed Fannie Mae and Freddie Mac to buy $200 billion in mortgage-backed securities to lower mortgage rates and is considering more reforms like a Fannie and Freddie IPO.
