Trump has not done enough to tackle soaring housing costs, real estate billionaire says

April 12, 2026 - 17:20

The soaring cost of housing in the United States is poised to dominate the political landscape, according to prominent real estate billionaire and Republican donor Stephen Ross. In a notable critique, Ross suggested that former President Donald Trump has not presented sufficient plans to address the crisis, framing it as a critical vulnerability.

Ross, chairman of Related Companies, identified housing affordability as the paramount domestic challenge, stating it is "going to be the biggest issue" facing voters. He emphasized that the struggle to purchase a home or pay rent transcends partisan lines, impacting families across the economic spectrum and in every region.

The comments highlight a growing focus on an economic pressure point that affects millions of Americans. With mortgage rates and home prices remaining persistently high, the ability to achieve homeownership feels increasingly out of reach for many. This economic reality, Ross argues, will force candidates to articulate clear and effective policies. The critique underscores a belief within some business circles that political leaders must prioritize concrete solutions to this widening problem, which is central to the financial security and future aspirations of the electorate.