Source: EconLog
by Tyler Watts
“Average home prices remain very close to the all-time highs reached at the beginning of the year. Accordingly, public opinion surveys show rising concern about the issue of housing affordability, and politicians are taking notice. The Trump administration has waded in with a potentially forthcoming national housing emergency declaration so the President can do … something. We may have to wait until a decree is issued to see what exactly Mr. Trump thinks his emergency powers are in the realm of housing policy. But are houses really more expensive over the long run, or is it just an economic mirage?” (10/09/25)
https://www.econlib.org/is-the-housing-affordability-crisis-an-illusion/