Donald Trump’s policies are being linked by some outlets to rising national debt and higher mortgage costs, alongside signs of cooling demand in the housing market. Yahoo UK reports that the national debt is ballooning toward $40 trillion and argues this is contributing to higher mortgage payments, while also pointing to weakness in home buying activity.
The Independent also focuses on the relationship between economic conditions and housing. It highlights data showing pending home sales are down, stating they are 30% lower in July than seven years ago. Both outlets treat debt and financing pressures as part of the broader context for why housing affordability is tightening, though the specific causal emphasis and the supporting details vary between them.
