Trump's Housing Pitch

Benzinga

Trump plans a major speech aimed at convincing voters he can lower housing costs as polls show rising frustration over affordability, with critics saying his proposals do little to address housing shortages and rising prices.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Trump plans to deliver a key address on Wednesday aimed at convincing Americans

00:06he can make housing more affordable as he travels to the World Economic Forum in Davos

00:10on the anniversary of his inauguration.

00:13The event places Trump among billionaires and global business leaders,

00:17as polls show voter frustration with affordability.

00:20About 6 in 10 U.S. adults say Trump has hurt the cost of living,

00:24according to an Associated Press and ORC survey,

00:26with dissatisfaction extending to Republicans.

00:30Housing costs remain a top voter concern as Trump has proposed lowering mortgage rates

00:34and restricting large firms from buying homes.

00:37But the passage states these ideas do little to address long-running housing shortages

00:41and prices rising faster than wages.

00:43The White House says Trump's relationships with business leaders are driving investment commitments.

00:49Critics argue his focus on billionaires and foreign policy

00:52has overshadowed housing and cost-of-living concerns ahead of the midterm elections.

00:56For all things money, visit Benzinga.com.

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