DOGE budget cuts and Elon Musk's actions threaten the American housing market, leading to project closures and price hikes, further exacerbating the housing affordability crisis

The USA may face a housing crisis due to DOGE budget cuts related to Elon Musk's actions. As a result, more than 1,000 housing projects have been shut down, and key organizations, such as LISC, have lost funding for initiatives supporting affordable housing. Home prices have risen, and mortgage payments have reached record levels, worsening housing affordability. Currently, the country lacks 3.8 million homes, and with federal funding cuts, the situation is only getting worse.