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What could have been in the EO:
- 3 million new homes over four years
- tax incentives for builders
- a $40 billion affordable-housing fund
What the EO actually does:
- trims federal (not local) permitting and regulatory friction
- pushes best practices for states and cities
- leans toward single-family / manufactured housing
What it does not do:
- override local zoning
- remove density caps
- cut minimum lot sizes
That distinction matters.
Austin’s rent drop followed a real supply surge:
about 120,000 units, roughly 30% more housing stock.
That pushed vacancies up, landlord leverage down, and rents lower, including for lower-end units.
Austin changed the local rules that block supply.
This EO doesn’t come close to reproducing that mechanism at scale.
Hey thank you, I should have noticed. I just read his last answer and the list-scheme plus final argumental contortion seals it. So, "you are exactly right!".