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Solutions: Here's how the Trump administration can curb housing costs

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Solutions: Here's how the Trump administration can curb housing costs

One reason American voters handed the country’s reins back to President Trump was the extreme inflation in housing prices that took place under his predecessor. The federal government has less influence over this issue than, say, California mayors and legislators — but whoever is in the White House can take certain steps to push prices down. The federal government can lower construction material costs, release more land for homebuilding and ensure that federal grants are used efficiently.

Unlike American manufacturing, residential construction has missed out on productivity improvements for decades. One reason is that building code updates, which are written by an industry group, increase costs more often than they decrease them. As a result, cost-conscious states usually stick with older, cheaper building codes. But that means they miss out on productive innovations. The Trump administration could start by creating a building code innovation module, consisting only of cost-decreasing updates, which states and cities could then adopt.

U.S. building codes have fallen behind peer countries in construction techniques for mid-rise buildings, which provide important, dense housing supply using little land. The administration could help California, Tennessee and several other states already in the process of identifying safety standards for the construction of four- to six-story buildings with a single staircase. A related innovation would adopt lower-cost elevator standards for small buildings, which would enable cost-effective accessibility in more new construction.

As the new administration sets tariff rates, it should balance construction costs among its priorities. The Biden administration doubled Trump’s original tariff on Canadian lumber, adding thousands to the cost of each new house. Cutting that tariff to its 2020 rate — or better yet, eliminating it and aiming tariffs at strategic opponents instead of America’s strongest ally — would bring immediate relief to builders and buyers. Instead, in his first few weeks back in office, Trump has scheduled higher tariffs on Canadian goods, including lumber, and added a 25% global steel tariff, which will make it much more expensive to build the next Trump Tower.

In addition to material costs, another factor that has driven up home prices and limited inventory is a chronic scarcity of construction workers, and the federal government has more control over this labor supply than states and cities do. Through immigration policy, the Trump administration could either aggravate the shortage or ease it, which would either raise or lower housing costs.

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In land use, as in construction productivity, the federal government plays a quietly influential role. Trump has proposed building new “freedom cities” on federally owned land across the country. That’s one of several ways that huge federal landholdings could be opened for housing and jobs relatively free of local politics and NIMBYism.

Another idea is to expand nationwide the successful Southern Nevada Public Land Management Act, which allows the sale of federal land to support suburban growth. So far it has been limited to the Las Vegas area, where it has been successful and has generated funding to conserve and improve other valuable public land.

Other regulations and agencies influence the use of privately owned land. For instance, federal rules on storm water drainage are not only strict, but also complex and scattered. A first step would be to unify those rules in a single place. Once unified, they can be analyzed and streamlined as appropriate.

Some agencies, such as the Federal Aviation Administration and the Department of Defense, quietly influence local land use. An administration-wide directive could nudge them to affirm more homebuilding where appropriate rather than reflexively blocking it.

Yet the federal government’s most immediate connection to cities is through grant-making for a range of purposes. Many federal regulations require grantees to undergo expensive planning exercises to qualify for funding. Experience shows that the plans usually have no influence on subsequent actions. The new administration must ensure that money is used well by emphasizing outcome-based reporting for federal grantees instead.

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Some grants are openly ill-spent. Several states waste federal funding for removing lead paint hazards by preventing out-of-state workers from contributing to that work. And some of the richest cities skirt the rules of the Community Development Block Grant program, using funds in ways that make housing more expensive, not more attainable. Federal agencies can easily curtail these inefficiencies.

Even better, the Department of Housing and Urban Development should find funding to offer technical assistance to small cities and towns that want to allow more housing. When I advised Auburn, Maine, on its nation-leading reforms, the limiting factor was local staff time. For municipalities that share Auburn’s goals, HUD can be a valuable resource.

Regulators at the Federal Housing Finance Agency have an outsize role in determining who gets a mortgage and why. The agency should seriously investigate the possibility that its own well-intended regulations have cut off mortgage lending to working-class families. My colleague Kevin Erdmann argues that unreasonably strict credit standards have eliminated most buyers for lower-cost homes and created a new constituency for single-family rentals. They would rather buy, if anyone would give them a mortgage.

Despite these many touchpoints, Americans should remember that the fault is not in our presidents, but in ourselves, that we are underbuilding. In California, for example, obstacles to construction include strict local zoning, NIMBY resistance and laws that require builders to pay above-market wages and force landlords to collect below-market rents. Such factors have aggravated a housing shortage and contributed to outmigration, homelessness and even more deferred dreams. Federal innovation and efficiency can support local efforts but cannot replace them.

Salim Furth is a senior research fellow and director of the urbanity project at the Mercatus Center at George Mason University.

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Kamala Harris blasts Trump administration’s capture of Venezuela’s Maduro as ‘unlawful and unwise’

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Kamala Harris blasts Trump administration’s capture of Venezuela’s Maduro as ‘unlawful and unwise’

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Former Vice President Kamala Harris on Saturday evening condemned the Trump administration’s capture of Venezuelan dictator Nicolás Maduro and his wife, calling the operation both “unlawful” and “unwise.”

In a lengthy post on X, Harris acknowledged that Maduro is a “brutal” and “illegitimate” dictator but said that President Donald Trump’s actions in Venezuela “do not make America safer, stronger, or more affordable.”

“Donald Trump’s actions in Venezuela do not make America safer, stronger, or more affordable,” Harris wrote. “That Maduro is a brutal, illegitimate dictator does not change the fact that this action was both unlawful and unwise. We’ve seen this movie before.

“Wars for regime change or oil that are sold as strength but turn into chaos, and American families pay the price.”

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SEE PICS: VENEZUELANS WORLDWIDE CELEBRATE AS EXILES REACT TO MADURO’S CAPTURE

Vice President Kamala Harris had strong words for the Trump administration’s capture of Venezuelan leader Nicolás Maduro. (Montinique Monroe/Getty Images)

Harris made the remarks hours after the Trump administration confirmed that Maduro and his wife were captured and transported out of Venezuela as part of “Operation Absolute Resolve.”

The former vice president also accused the administration of being motivated by oil interests rather than efforts to combat drug trafficking or promote democracy.

“The American people do not want this, and they are tired of being lied to. This is not about drugs or democracy. It is about oil and Donald Trump’s desire to play the regional strongman,” Harris said. “If he cared about either, he wouldn’t pardon a convicted drug trafficker or sideline Venezuela’s legitimate opposition while pursuing deals with Maduro’s cronies.”

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SECOND FRONT: HOW A SOCIALIST CELL IN THE US MOBILIZED PRO-MADURO FOOT SOLDIERS WITHIN 12 HOURS

President Donald Trump shared a photo of captured Venezuelan President Nicolás Maduro aboard the USS Iwo Jima after Saturday’s strikes on Venezuela. (Donald Trump via Truth Social)

Harris, who has been rumored as a potential Democratic contender in the 2028 presidential race, additionally accused the president of endangering U.S. troops and destabilizing the region.

“The President is putting troops at risk, spending billions, destabilizing a region, and offering no legal authority, no exit plan, and no benefit at home,” she said. “America needs leadership whose priorities are lowering costs for working families, enforcing the rule of law, strengthening alliances, and — most importantly — putting the American people first.”

MADURO’S FALL SPARKS SUSPICION OF BETRAYAL INSIDE VENEZUELA’S RULING ELITE

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CIA Director John Ratcliffe, left, President Donald Trump and Secretary of State Marco Rubio watch U.S. military operations in Venezuela from Mar-a-Lago in Florida early Saturday. (Donald Trump via Truth Social)

Maduro and his wife arrived at the Metropolitan Detention Center in Brooklyn late Saturday after being transported by helicopter from the DEA in Manhattan after being processed.

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Earlier in the day, Trump said that the U.S. government will “run” Venezuela “until such time as we can do a safe, proper and judicious transition.”

Harris’ office did not immediately respond to Fox News Digital’s request for comment.

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Fox News Digital’s Jasmine Baehr contributed to this report.

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On the ground in Venezuela: Shock, fear and defiance

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On the ground in Venezuela: Shock, fear and defiance

It was about 2 a.m. Saturday Caracas time when the detonations began, lighting up the sullen sky like a post-New Year’s fireworks display.

“¡Ya comenzó!” was the recurrent phrase in homes, telephone conversations and social media chats as the latest iteration of U.S. “shock and awe” rocked the Venezuelan capital. “It has begun!”

Then the question: “¿Maduro?”

The great uncertainty was the whereabouts of President Nicolás Maduro, who has been under Trump administration threat for months.

The scenes of revelry from a joyous Venezuelan diaspora celebrating from Miami to Madrid were not repeated here. Fear of the unknown kept most at home.

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Hours would pass before news reports from outside Venezuela confirmed that U.S. forces had captured Maduro and placed him on a U.S. ship to face criminal charges in federal court in New York.

Venezuelans had watched the unfolding spectacle from their homes, using social media to exchange images of explosions and the sounds of bombardment. This moment, it was clear, was ushering in a new era of uncertainly for Venezuela, a nation reeling from a decade of economic, political and social unrest.

Government supporters display posters of Venezuelan President Nicolás Maduro, right, and former President Hugo Chávez in downtown Caracas on Saturday.

(Matias Delacroix / Associated Press)

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The ultimate result was an imponderable. But that this was a transformative moment — for good or bad — seemed indisputable.

By daybreak, an uneasy calm overtook the city of more than 3 million. The explosions and the drone of U.S. aircraft ceased. Blackouts cut electricity to parts of the capital.

Pro-government youths wielding automatic rifles set up roadblocks or sped through the streets on motorcycles, a warning to those who might celebrate Maduro’s downfall.

Shops, gas stations and other businesses were mostly closed. There was little traffic.

“When I heard the explosions, I grabbed my rosary and began to pray,” said Carolina Méndez, 50, who was among the few who ventured out Saturday, seeking medicines at a pharmacy, though no personnel had arrived to attend to clients waiting on line. “I’m very scared now. That’s why I came to buy what I need.”

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A sense of alarm was ubiquitous.

People stand around cars and a motorbike at a crowded gas pump.

Motorcycles and cars line up for gas Saturday in Caracas. Most of the population stayed indoors, reluctant to leave their homes except for gas and food.

(Andrea Hernandez Briceno / For The Times)

“People are buying bottled water, milk and eggs,” said Luz Pérez, a guard at one of the few open shops, not far from La Carlota airport, one of the sites targeted by U.S. strikes. “I heard the explosions. It was very scary. But the owner decided to open anyway to help people.”

Customers were being allowed to enter three at a time. Most didn’t want to speak. Their priority was to stock up on basics and get home safely.

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Rumors circulated rapidly that U.S. forces had whisked away Maduro and his wife, Cilia Flores.

There was no immediate official confirmation here of the detention of Maduro and Flores, both wanted in the United States for drug-trafficking charges — allegations that Maduro has denounced as U.S. propaganda. But then images of an apparently captive Maduro, blindfolded, in a sweatsuit soon circulated on social media.

There was no official estimate of Venezuelan casualties in the U.S. raid.

Rumors circulated indicating that a number of top Maduro aides had been killed, among them Diosdado Cabello, the security minister who is a staunch Maduro ally. Cabello is often the face of the government.

But Cabello soon appeared on official TV denouncing “the terrorist attack against our people,” adding: “Let no one facilitate the moves of the enemy invader.”

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Although Trump, in his Saturday news conference, confidently predicted that the United States would “run” Venezuela, apparently during some undefined transitional period, it’s not clear how that will be accomplished.

A key question is whether the military — long a Maduro ally — will remain loyal now that he is in U.S. custody. There was no public indication Saturday of mass defections from the Venezuelan armed forces. Nor was it clear that Maduro’s government infrastructure had lost control of the country. Official media reported declarations of loyalty from pro-government politicians and citizens from throughout Venezuela.

A billboard with an image of President Nicolas Maduro and spray-painted graffiti.

A billboard with an image of President Nicolas Maduro stands next to La Carlota military base in Caracas, Venezuela, on Saturday. The graffiti reads, “Fraud, fraud.”

(Andrea Hernandez Briceno / For The Times)

In his comments, Trump spoke of a limited U.S. troop presence in Venezuela, focused mostly on protecting the oil infrastructure that his administration says was stolen from the United States — a characterization widely rejected here, even among Maduro’s critics. But Trump offered few details on sending in U.S. personnel to facilitate what could be a tumultuous transition.

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Meantime, Venezuelan Vice President Delcy Rodríguez surfaced on official television and demanded the immediate release of Maduro and his wife, according to the official Telesur broadcast outlet. Her comments seemed to be the first official acknowledgment that Maduro had been taken.

“There is one president of this country, and his name is Nicolás Maduro,” the vice president said in an address from Miraflores Palace, from where Maduro and his wife had been seized hours earlier.

During an emergency meeting of the National Defense Council, Telesur reported, Rodríguez labeled the couple’s detention an “illegal kidnapping.”

The Trump administration, the vice president charged, meant to “capture our energy, mineral and [other] natural resources.”

Her defiant words came after Trump, in his news conference, said that Rodríguez had been sworn in as the country’s interim president and had evinced a willingness to cooperate with Washington.

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“She’s essentially willing to do what we think is necessary to make Venezuela great again,” Trump said.

Pro-government armed civilians patrol in La Guaira, Venezuela

Pro-government armed civilians patrol in La Guaira, Venezuela, on Saturday after President Trump announced that President Nicolás Maduro had been captured and flown out of the country.

(Matias Delacroix / Associated Press)

Somewhat surprisingly, Trump also seemed to rule out a role in an interim government for Marina Corina Machado, the Venezuelan Nobel Peace Prize laureate and longtime anti-Maduro activist.

“She’s a very nice woman, but doesn’t have respect within the country,” Trump said of Machado.

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Machado is indeed a controversial figure within the fractured Venezuelan opposition. Some object to her open calls for U.S. intervention, preferring a democratic change in government.

Nonetheless, her stand-in candidate, Edmundo González, did win the presidency in national balloting last year, according to opposition activists and others, who say Maduro stole the election.

“Venezuelans, the moment of liberty has arrived!” Machado wrote in a letter released on X. “We have fought for years. … What was meant to happen is happening.”

Not everyone agreed.

“They want our oil and they say it’s theirs,” said Roberto, 65, a taxi driver who declined to give his last name for security reasons. “Venezuelans don’t agree. Yes, I think people will go out and defend their homeland.”

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Special correspondent Mogollón reported from Caracas and staff writer McDonnell from Boston. Contributing was special correspondent Cecilia Sánchez Vidal in Mexico City.

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Marjorie Taylor Greene criticizes Trump’s meetings with Zelenskyy, Netanyahu: ‘Can we just do America?’

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Marjorie Taylor Greene criticizes Trump’s meetings with Zelenskyy, Netanyahu: ‘Can we just do America?’

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Rep. Marjorie Taylor Greene, R-Ga., on Sunday called for President Trump to only focus on America’s needs as the president meets with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu.

The president has been heavily involved in the Russia-Ukraine and Israel-Hamas conflicts since returning to the White House.

Trump met with Zelenskyy on Sunday at Mar-a-Lago to discuss a peace plan aimed at ending the Russia-Ukraine war that began with an invasion by Moscow in February 2022.

Netanyahu arrived in Florida on Sunday ahead of their scheduled meeting on Monday at Trump’s estate to address Israel’s conflicts in the Middle East. It will be the sixth meeting of the year between the two leaders.

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TRUMP ZELENSKYY SAY UKRAINE PEACE DEAL CLOSE BUT ‘THORNY ISSUES’ REMAIN AFTER FLORIDA TALKS

Rep. Marjorie Taylor Greene criticized President Donald Trump’s meetings with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu. (Anna Moneymaker/Getty Images)

Greene, responding to Trump’s meeting with Zelenskyy and Netanyahu, said that the Trump administration should address the needs of Americans rather than becoming further involved in global conflicts.

“Zelensky today. Netanyahu tomorrow,” she wrote on X.

President Donald Trump welcomes Ukrainian President Volodymyr Zelenskyy at his Mar-a-Lago residence in Palm Beach, Florida. (Jim WATSON / AFP via Getty Images)

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“Can we just do America?” the congresswoman continued.

The congresswoman has been a vocal critic of supplying U.S. military aid to foreign countries amid the conflicts in Europe and the Middle East.

She has also referred to Zelenskyy as “a dictator who canceled elections” and labeled Israel’s military campaign in Gaza as a genocide and humanitarian crisis.

ZELENSKYY READY TO PRESENT NEW PEACE PROPOSALS TO US AND RUSSIA AFTER WORKING WITH EUROPEAN TALKS

Rep. Marjorie Taylor Greene and President Donald Trump had a public feud in recent months. (Getty Images)

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This comes after Taylor Greene, who is set to resign from the House in January, had a public spat with Trump over the past few months as Trump took issue with the Georgia Republican’s push to release documents related to the investigations into deceased sex predator Jeffrey Epstein.

Trump had withdrawn his endorsement of Greene and called her a “traitor” over the public feud.

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