The White House plans to launch an anti-monopoly investigation into residential construction companies.
The Trump administration officials are considering launching an antitrust investigation against American residential builders to address the country's housing affordability crisis. According to sources, the Department of Justice may initiate this investigation in the coming weeks. A final decision has not yet been made, and the government may also decide to abandon this plan and not proceed with the investigation. Sources say that a potential focus of this investigation is the information-sharing mechanism of the industry association, the National Association of Home Builders in the United States, whose members include companies like Lennar Corporation and D.R. Horton. Officials are concerned that this association may be used to restrict housing supply or coordinate pricing. Currently, the cost of buying a home in the United States is at its highest level in decades, with the housing boom during the COVID-19 pandemic and subsequent interest rate hikes putting pressure on homebuyers. The Trump administration's move to investigate residential builders at this time is noteworthy. For builders themselves, the current situation is also difficult, with unsold housing inventory remaining high. Builders have been seeking cooperation with the White House to improve housing affordability. One of the proposals discussed between the two parties is a large-scale plan called "Trump Housing," aimed at adding up to one million new housing units.
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