May 16, 2026
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4:00Now PlayingJustin Wolfers breaks down why housing is getting harder to afford — and why Trump’s policies are making the problem worse.
Wolfers explains that building homes depends on three things: borrowing money, materials, and labor. Under Trump, interest rates are pressured by deficits and inflation, building materials are hit by tariffs, and construction labor is disrupted by immigration crackdowns. The result: higher costs, fewer homes, and more pressure on buyers and renters.
Full interview
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