Harris or Trump: Who Will Solve the Housing Crisis in the USA?

In the United States, opinions are divided when it comes to which presidential candidate could best tackle the challenges of housing affordability. According to a recent survey, 48.4% of renters prefer the current Vice President Kamala Harris, while 31.2% favor former President Donald Trump. This survey, commissioned by Redfin and conducted by Ipsos in September, polled 1,802 individuals aged 18 to 65, including 894 renters. Daryl Fairweather, Chief Economist at Redfin, attributes the preference for Harris to demographic factors: Renters tend to vote more democratically since many of them are young urban dwellers with higher living costs who often rely on government support. In addition to the survey results, it is shown that 43.6% of renters plan to vote for Harris in November, while 28% intend to support Trump. The rest of the respondents are either undecided, do not plan to vote, or preferred not to disclose their choice. However, Fairweather emphasizes that solving the housing crisis goes beyond the capabilities of a single president. She calls for a coordinated effort from federal and local governments over many years. The candidates demonstrate different approaches: Harris focuses on building new housing and financial support for first-time buyers. Trump, on the other hand, connects the housing issue with his immigration policies. The significance of housing affordability has notably gained importance in the current election campaign, reflecting the growing challenges faced by households. Data from Redfin shows that the renter population is currently growing three times faster than that of homeowners. Nonetheless, the feasibility of some proposals remains disputed among economists. Jenny Schuetz from Brookings Metro points out that the federal level has little direct influence on housing construction. For voters, particularly the increasing number of renters, the question is: Which candidate is taking the right measures against rising costs?