Vance: Rents Cooling Off, But America's Homes Should Go to Americans

Vice President JD Vance said rents in the United States have finally begun to cool off after more than doubling under the Biden administration, and he pressed the principle that American homes should go to the American people rather than to foreigners and Wall Street investors. In remarks posted Friday, the vice president described housing costs as a subject he cares about and one he believes the press does not cover enough. "There's a pet issue of mine, something again. I don't think the press talks about enough, but why have we seen rinse in the United States of America after more than doubling under the Biden administration, rinse have finally started to cool off," Vance said. "We've still got a lot of more work to do." He tied the issue to a straightforward standard for who benefits from American housing. "But I thought, very simple principle, because we ought to ensure that American homes go to the American people, not to foreigners and not to Wall Street investors," he said. "We've still got a lot more work to do."

Vance Warns Against Electing 'Radicals'

He argued that Democrats could have used President Trump's 2024 landslide win as a signal to moderate, but instead moved further toward policies he said do not appeal to voters. "If you look all across the country, Democrats could have responded to Donald Trump's landslide win in 2024 by saying, you know what, we're going to moderate a little bit. We're not going to try to force women to play or men to play in women's sports. We're not going to try to force boys into the locker rooms with girls. We're going to maybe try to build some common sense economic policies that promote prosperity," he said. "Instead, what they've done is they've doubled down on cheap labor. They've doubled down on open borders and they've doubled down on men and women's sports. That's not how you appeal to people, but it's certainly not how you govern a country." The two sets of remarks place housing costs and border and labor policy side by side in the vice president's message, with the administration pointing to rent trends as evidence of movement in the right direction while acknowledging more work remains.