Donald Trump is flying to Davos to deliver a key speech on housing affordability, but critics are questioning the sincerity of his populist message given the elite setting of the World Economic Forum.
In the luxury ski resort where houses cost millions, Trump’s focus has seemingly shifted from the struggles of everyday Americans to the influence of billionaires. As he approaches midterm elections, polls indicate a growing discontent among voters regarding the rising cost of living. Around 60% of U.S. adults feel Trump has negatively impacted affordability.
Experts warn that while Trump attempts to draw in investments from the wealthy, this may not translate into benefits for the working class. His relationships with economic elites have raised concerns about him being disconnected from the challenges faced by average families.
Although he has floated some proposals aimed at alleviating housing costs, many remain skeptical that these plans address the core issues of affordability. With public trust waning, Trump's strategy of wooing billionaires instead of engaging the working class may complicate his prospects in the upcoming elections.
