Trump has also claimed on numerous occasions that he would prefer to see housing prices go up. After all, he and his billionaire buddies, many of whom are heavily invested in real estate, and lower prices will not help them continue to make obscene amounts of money.

OCU

"Congress has chosen not to preempt local and state governments and tell them what to do,"

Probably because it would be unconstitutional. The feds can provide guidelines, standards, funding and assistance in implementing any new policies, but they must still be run by the states.

OCU

Now Washington can make some changes at the federal level but it would mostly be in terms of rules for banks and mortgages.

OCU