Comment on JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.

JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.

Chip Somodevilla/Getty Images; iStock; Rebecca Zisser/BIBoth presidential campaigns have discussed ideas for cutting housing costs.JD Vance says a Trump administration would build more homes in part by lowering energy costs.Economists say lowering labor and building material costs is far more important to home building.As rising home prices and rents squeeze households across the country, the presidential candidates are weighing in on the housing shortage.Former President Donald Trump doesn't list housing among the top 20 priorities on his campaign website, but he and his running mate have argued that some of their top agenda items — including deporting millions of immigrants — would bring down housing costs.In that spirit, Sen.

 

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