For too long, the American dream of homeownership has been slipping away. Under the Biden-Harris administration, skyrocketing home prices and prohibitive interest rates have locked out countless hardworking families. However, the recent election results revealed people are ready for change and ready to bring back a market boom that will unlock prosperity for everyone.
Over the past few years, the United States has seen a grim reality unfold: ordinary people priced out of new homes, struggling to sell existing ones, and facing a nationwide surge in homelessness. Meanwhile, millennials, such as myself, who once aspired to own property, have been forced to prioritize mobility over stability. Who can blame them? Mortgages have become simply unaffordable.
While voters decisively rejected Washington’s inflationary policies seen at the gas pump and the grocery store, they also sent a clear message about housing. For new graduates entering the workforce and families trying to save, the dream of owning a home has been slipping further out of reach. Democrats offered more of the same failed solutions. But President-elect Donald Trump? He is ready to redefine housing policy and usher in a new era of affordability.
Both President Joe Biden and Vice President Kamala Harris pushed policies that would have further driven up housing costs by increasing the number of foreign residents while selectively offering financial assistance to certain homebuyers. This was a recipe for disaster. More demand, less supply, and selective subsidies would only exacerbate the affordability crisis. However, people saw through the empty promises. They know the problem isn’t about handing out checks. It’s about building more homes.
The crux of our housing crisis lies in one word: inventory. We need more homes, plain and simple. Increasing the housing supply will stabilize markets, boost homebuilding companies, and, most importantly, bring the American dream within reach for more families.
Critics have mocked Trump’s plan to ignite a housing boom but fail to see the transformative potential. As someone who has been at the forefront of real estate development, including serving as the youngest director on the board of a Fortune 500 company in 2016, I know firsthand the power of a sound land strategy. We focused on acquiring land, building efficiently, and optimizing market entry. Trump’s housing plan follows the same blueprint, setting the stage for generational change.
Trump’s plan to unlock portions of vast, federally owned lands isn’t just innovative — it’s necessary. By putting these lands back in the hands of the people, we can solve our housing shortage and bring prices back to a reasonable level. Instead of relying on tax dollars and creating more inflation, we’ll create new capacity and build the homes the U.S. needs.
In conversations I’ve had with key advisers and future members of the administration, I’ve emphasized the importance of staying the course on Trump’s housing vision. We don’t need quick fixes or half-measures. We need a comprehensive land strategy. We need to be building where people are migrating, ensuring that prices benefit both homebuyers and homebuilders.
For too long, the U.S.’s elite class has treated our nation like just another economic zone, stripping away the essence of what makes this country special. However, the reality is that the U.S. is not just an economy. It’s a homeland with its own people and identity. People deserve the chance to own land, secure homes, and build their futures.
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This is Trump’s vision: a new golden age of homeownership, where every person can have a stake in this great country. It’s time to restore the American dream, where owning a home is not just a privilege for the few but a reality for everyone who calls this country home. Under Trump’s leadership, we will build, grow, and ensure that every family has the chance to achieve their piece of the American dream.
Bill Pulte is a capitalist and heir of William J. Pulte, the founder of Pulte Homes. He served as the youngest director of a Fortune 500 company before investing full time in home services, housing, and philanthropy.