When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave a voice to a common populist trope: Greedy developers are hoarding supply of houses and thus driving up costs. In many ways, it was classic Trump, sending a jolt through corporate America at one of the least expected times while embracing a populist policy point, and traversing across previously fiercely guarded partisan lines. It almost sounded like something from the center-left “Abundance” movement.
“They’re sitting on two million empty lots,” he wrote . “I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going and, by so doing, help restore the American Dream.”
At first glance, it sounded like Trump was wading into the “Yes In My Backyard” – or YIMBY — movem