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How Trump tariffs and deportations could make Phoenix housing pricier


Published on 2024-12-09 11:01:19 - MSN
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  • "Make housing affordable again" was one of President-elect Trump's key messages to voters, but some economists and real estate experts fear his tariff and deportation plans could make Phoenix's housing market even pricier.

The article from MSN discusses how former President Donald Trump's proposed policies, if implemented, could significantly impact housing prices in Phoenix, Arizona. Trump's plans include imposing high tariffs on imports, which could increase the cost of construction materials, thereby raising the price of new homes. Additionally, his immigration policies, which involve mass deportations, could lead to a labor shortage in the construction industry, further driving up costs due to reduced workforce availability. These combined effects could make housing in Phoenix, already facing affordability issues, even pricier, potentially exacerbating the housing crisis in the area. The article also touches on the broader economic implications of these policies, suggesting that while they might aim to protect American jobs, they could inadvertently increase living expenses for many residents.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/how-trump-tariffs-and-deportations-could-make-phoenix-housing-pricier/ar-AA1vx6D9 ]