Real-Estate CEO Links Youth Trump Support to Housing Frustration

1 min read
Source: Fortune
Real-Estate CEO Links Youth Trump Support to Housing Frustration
Photo: Fortune
TL;DR Summary

Redfin CEO Glenn Kelman suggests that young voters, frustrated with high housing costs and living with their parents, may have supported Donald Trump in hopes of housing reform. Kelman believes Trump could address housing issues by reducing regulations that limit construction, although actual changes depend on state and local governments. Despite a recent increase in housing demand, high mortgage rates remain a challenge, and it's uncertain if Trump's presidency will significantly impact the housing market.

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