Trump Says He Will Drive Housing Prices Up
At a Jan. 29 Cabinet meeting, President Donald Trump said he wants to drive housing prices up while pursuing lower interest rates and will name a Fed pick next week.
![Trump: "I Want To Drive Housing Prices Up" [VIDEO]](https://www.joemygod.com/wp-content/uploads/2026/01/Trump2026orangefishmouth.jpg)
Overview
President Donald Trump told Cabinet members at a Jan. 29 meeting, "I don't want to drive housing prices down... I want to drive housing prices up for people that own their homes," and said he will pursue lower interest rates.
The remarks follow a Jan. 20 executive order banning institutional investors from buying single-family homes and the administration's purchase of mortgage-backed securities intended to lower mortgage rates and expand homeownership.
Democratic New York Gov. Kathy Hochul wrote in an X post that the president "actively wants to keep them high," while several economists said inadequate housing supply is the main driver of affordability problems.
Federal Housing Finance Agency data show housing prices rose 0.6% in November, Redfin reported a national median existing home price of $433,000 in November 2025, and Zillow projects a 1.9% increase in 2026.
Trump said he will announce his nominee for Federal Reserve chair next week and has criticized Fed Chair Jerome Powell, whose term ends in May 2026.
Analysis
Center-leaning sources frame the story by juxtaposing Trump's pro-homeowner remarks with data on rising prices and affordability, emphasizing tension between protecting current homeowners and first-time buyers. Editorial choices—phrases like "amid growing affordability concerns," selection of price statistics, and structuring the piece around policy conflicts—foreground economic consequences.