Trump Ends Speculation Over Obama-Era Housing Policy

President Donald Trump is officially considering reversing the housing policies of Barack Obama.

This is a very good thing.

According to Breitbart News, Obama’s housing rules mean “the federal government would necessarily have the ability to tell suburban areas who will be allowed to live in their neighborhoods and what kind of homes they can build to force immigrant and low-income residents into every neighborhood. In the end, the rule would destroy wealth and lower property values.”

But Trump isn’t having it. According to Breitbart, the president said at a press conference at the White House earlier this week:

Well, I’m ending that rule. I’m taking it out, so – I spoke with [Housing and Urban Development Secretary] Ben Carson the other day. We’re going to be taking it out. I’ve watched that whole thing go, and now they want to make it twice as bad in the suburbs.

Mothers aren’t happy about that. Fathers aren’t happy about that. They worked hard to buy a house, and now they’re going to watch the housing values drop like a rock, and that has happened. It dropped like a rock. So, we’re not going to do that; we’re going to do the exact opposite.

Trump also tweeted Wednesday that Biden is supporting the “abolish suburbs” rule.

To read more about Trump’s comments on the housing rule, click here.

Share on facebook
Share to Facebook