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resident-elect Donald Trump's housing proposals have the potential to both increase and decrease high housing costs, according to economists and industry experts. On one hand, his plans to cut federal construction regulations, utilize federal land for housing, and reduce energy costs could help lower housing costs.

    However, his ideas to hike tariffs, deport immigrants in large numbers, and reduce housing assistance may lead to higher home prices and rents. The impact on housing costs will largely depend on the amount of new supply that can be brought into the market, which is currently facing a severe shortage of homes.

    Industry leaders believe that Trump's plans to roll back energy efficiency requirements and streamline regulations could help increase housing supply. His proposal to build "freedom cities" on federal land has garnered bipartisan support and could particularly benefit Western states with large tracts of federally owned land.

    However, his plans to deport millions of immigrants could lead to inflation and discourage the Federal Reserve from further rate cuts. Additionally, renewing Trump's previous proposals to cut housing assistance for low-income households and individuals with disabilities could hinder affordable housing development.

    The success of Trump's housing proposals will depend on finding a balance between increasing supply and maintaining affordability. Industry experts, economists, and potential homebuyers are closely watching the impact of these proposals on the housing market.