A new report from the White House estimates that the United States is facing a shortage of 10 million homes, primarily due to regulatory burdens that have stifled construction. The analysis, part of the Economic Report of the President, suggests that easing these regulations could lead to increased home building, stabilize prices, and promote economic growth. Since the 2008 global financial crisis, home construction has not kept pace with historical trends, resulting in a significant deficit in housing stock. The report highlights that while home prices have surged by 82% since 2000, incomes have only increased by 12%, exacerbating affordability issues, particularly for voters under 40. Rising mortgage rates, currently averaging 6.37%, have further complicated the situation, making home ownership increasingly difficult. This report presents a crucial political opportunity for President Trump as he navigates a challenging midterm election season, amid concerns about his administration's economic policies.