Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Politics > Trump Plans To Rob The American People And Make Housing Unaffordable
Politics

Trump Plans To Rob The American People And Make Housing Unaffordable

Last updated: May 28, 2025 10:59 am
Share
Trump Plans To Rob The American People And Make Housing Unaffordable
SHARE

PoliticusUSA is ad-free because of the support of readers like you. Please consider supporting us by becoming a subscriber.

Donald Trump has proposed an audacious plan that could jeopardize the financial stability of countless American families: the privatization of 70% of mortgages financed in the United States. This suggestion, while perhaps well-intentioned in some alternate universe, seems poised to exacerbate the already precarious situation of the middle class.


On his platform Truth Social, Trump championed his approach:

Our great Mortgage Agencies, Fannie Mae and Freddie Mac, provide a vital service to our Nation by helping hardworking Americans reach the American Dream — Home Ownership. I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as President. These Agencies are now doing very well, and will help us to, MAKE AMERICA GREAT AGAIN!

However, the implications of such privatization are troubling. Home ownership is already a distant dream for many, and the removal of government guarantees — which are, contrary to Trump’s assurances, anything but implicit — would likely lead to higher interest rates and a reduction in accessible programs meant to assist a diverse range of buyers, from veterans to those with disabilities.

In response to Trump’s audacious proposal, Senate Minority Leader Chuck Schumer remarked:

Trump’s housing proposal to privatize Fannie and Freddie is yet another economic policy that will upend middle-class Americans looking to buy or refinance a home while helping line the pockets of the wealthy.

Experts have warned for years that privatizing Fannie and Freddie – which finances 70% of the American mortgage market – would threaten the financial security of middle-class Americans, making it harder and more expensive to buy a home. The average family could be hit with a whopping $1800 to $2800 increase in annual mortgage costs.

Yet, Trump and his cronies only see an opportunity to loot the state, no matter the cost to hard-working families and our broader economy.

Imagine the horror of facing an increase in your mortgage costs by nearly $3,000 a year. Such a plan would not only deal a devastating blow to the economy but would also enable Trump and his associates to siphon resources from the government to enrich themselves further.

The underlying motivation behind Trump’s proposals appears to be a relentless drive to redirect national wealth upward, which is precisely what privatizing Fannie Mae and Freddie Mac would accomplish.

Every day under Trump’s administration seems to be a step toward weakening America’s economic foundation.

What do you think of Trump’s mortgage scheme? Share your thoughts in the comments below.

Leave a comment

See also  Trump Bashes Oprah Over Harris Event In Late Night Meltdown
TAGGED:AmericanhousingpeoplePlansRobTrumpunaffordable
Share This Article
Twitter Email Copy Link Print
Previous Article Sarah Jessica Parker Just Raved About This  Lip Plumper Sarah Jessica Parker Just Raved About This $27 Lip Plumper
Next Article ‘Ghosts’ Star Rose McIver Finds Joy in TV Acting, Directing, Production ‘Ghosts’ Star Rose McIver Finds Joy in TV Acting, Directing, Production
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Pupils’ horizons ‘broadened’ after careers training pilot

CPD initiative launched across all primary schools as educators note students are less likely to…

October 6, 2025

Tylenol Is Popular and Safe, Yet Nobody Knows How It Works

Creating a new article based on the provided HTML structure while incorporating the requested elements…

September 26, 2025

The Senate just voted to block California’s gas car ban

The recent decision by the U.S. Senate to revoke California's waiver allowing the state to…

May 22, 2025

Donald Trump Targeted By Gunman With AK-47 In West Palm Beach

Shots Fired at Trump International Golf Club CNN chief law enforcement and intelligence analyst John…

September 15, 2024

Anonymous tipster identifies Red Line robber for police

Dashion Jones, left, and a CTA surveillance image of the robbery suspect. (Chicago Police Department)…

November 14, 2024

You Might Also Like

Democrats plot messaging blitz ahead of Obamacare hikes
Politics

Democrats plot messaging blitz ahead of Obamacare hikes

October 31, 2025
Trump officials say, ‘Alaska is open for business. No one’s buying.
Environment

Trump officials say, ‘Alaska is open for business. No one’s buying.

October 31, 2025
Ben Shelton’s injured girlfriend Trinity Rodman sends her support to American from afar as he qualifies for maiden ATP Finals
Sports

Ben Shelton’s injured girlfriend Trinity Rodman sends her support to American from afar as he qualifies for maiden ATP Finals

October 30, 2025
Thieves Rob 1,000 Collection Items From California Museum
Culture and Arts

Thieves Rob 1,000 Collection Items From California Museum

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?