Ledger · 2024 campaign · № 215
Cut the cost of a new home in half
Never delivered“[paraphrase] We will cut the cost of a new home in half.”
- Promised
- , Economic Club of New York
- Re-promised
- 4 times with a fresh deadline
- Topic
- Economy & prices
- Era
- 2024 campaign
What happened
No halving of housing costs occurred. PolitiFact's one-year review found housing costs up about 3% year over year. The administration's 2026 housing package was described by Fortune as a 'big yawn' that did little for affordability, and mortgage costs rose again after the Iran war began in late February 2026.