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Trump says the American dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots
Fortune· 2025-10-07 01:59
When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave voice to a common populist trope: Greedy developers are hoarding the supply of houses and thus driving up costs. In many ways, it was classic Trump, sending a jolt through corporate America at one of the least expected times while embracing a populist policy point, and traversing across previously fiercely guarded partisan lines. It almost sounded like something from the center-left “Abundance” mov ...