The U.S. has underbuilt housing for some time [0], so it seems likely that cutting production in half would have a significant effect, even if it’s partly offset by lower demand in the form of lower immigration.

[0]: https://investors.zillowgroup.com/investors/news-and-events/...

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riehwvfbk 3 days ago | parent [-]

I think you hit downvote before really considering my point. There is simply no way that a change of 0.5% is significant - no matter your politics. Fluctuations of this magnitude happen with or without Trump every few years.

	▲	actuallyalys 3 days ago \| parent [-]
		The relevant comparison is to annual construction, not the total inventory. Looking at recent data, variations of 0.5 percent (~700,000) have happened, but they were due to large shocks like Covid or post-Covid inflation. This argument feels analogous to saying “there’s no way a granola bar can affect your hunger, its calorie count is negligible compared to all the calories your body has stored.”