Housing prices go up because people expect to sell houses for a profit. Homes aren't just places to live, they're an investment vehicle. That creates a problem where everybody needs a home, but prices consistently rise faster than wages. That makes homes harder to buy or rent, but if they weren't, the original buyer would lose money that they had bet a lot on.
The usual solution offered by politicians is a credit to homebuyers. That makes the asking price easier to meet. The asking prices continue to rise over time, but in the short term people are given access to purchasing power.
If a subsidy goes to the seller for lowering the price instead, that gives the buyer the same difference in purchasing power and prevents losses to the seller while lowering the market price for housing in general.
We will offer a check to home sellers to offset the difference between the typical asking price in their neighborhood and a price that's 10% lower. This would be a controlled way of bringing home prices down without costing sellers money.
How would we pay for it? Trump asked people to donate privately to pay for his ballroom. I think this would draw donations, maybe even enough to expand the program to a wider price range, because it's a necessary pressure release to stabilize the market long-term.
-12/4/25