Donald Trump made a fiery comeback on Elon Musk’s social media platform X, attacking Kamala Harris over rising home prices during the Biden administration. Harris had pledged $25,000 in assistance to first-time homebuyers to help with down payments in a bid to tackle the housing crisis. Trump responded by sharing data showing a 39 percent surge in existing home median sale prices under Biden’s presidency.
Trump’s sudden surge in posts on X follows Musk’s interview with him on the platform’s audio feature, Spaces, after being permanently suspended from Twitter for calling Capitol insurrectionists “patriots.” The former president had been relatively inactive on X until Harris became the Democratic presidential nominee, posting 61 times and targeting Harris for her policies.
While home prices have risen due to market forces, Trump blames the Biden-Harris administration for high living costs. A recent poll revealed public discontent with the administration over inflation. Harris plans to build 3 million new homes to address the housing crisis, while Trump focuses on curbing illegal immigration to reduce demand for homes.
Experts like David Wessel support policies to increase housing supply but are skeptical about the effectiveness of the proposed $25,000 tax credit for first-time buyers. They emphasize the importance of cutting down bureaucracy and red tape to stimulate affordable housing development.