Trump Defends High Home Prices, Risks Backlash from Younger Voters

• Donald Trump advocates for elevated US home prices, prioritizing existing homeowners over increased housing construction for affordability.
• His stance contradicts economists and real estate professionals who urge boosting supply to tackle the affordability crisis.
• Trump believes higher home values benefit current owners, potentially appealing to older voters but alienating younger demographics.
• Analysts warn this approach could spark a 'generational war' in midterms, as younger voters were crucial to his 2024 win.
• Despite past calls for more construction, Trump now rejects policies that would lower prices, focusing on Fed rate cuts and Fannie/Freddie actions.