President Donald Trump is currently floating the idea of selling wealthy foreigners a "gold card" that would allow them, for the staggering price of $5 million, to live and work permanently in the United States and would offer them a new pathway to citizenship. As it is the case for many of the ideas that Trump has been firing since his return to the White House, experts are conflicted about what the impact of such a program could be. For some, "gold cards" could be a disaster for the U.
S. housing market, exacerbating inequality and driving up inflation. For others, it could inject much-needed funds in the U.
S. economy that could be reinvested into making housing more affordable for Americans. Why It Matters During his 2024 presidential campaign, Trump ran with the promise of lowering the cost- of-living for Americans and making housing more affordable.
At the moment, however, inflation remains higher than hoped and the affordability crunch continues depressing aspiring homebuyers' chances of getting on the property ladder. While the Trump administration is slashing costs in the federal government and has promised to bring these savings back to Americans, some of the president's policies, including tariffs , have raised concerns among experts that the price of everyday goods may once again rise. The idea to offer "gold cards" to wealthy foreigners could bring new investments to the U.
S. and help lower the cost-of-living for Americans, but it is likely a tough political sell f.
