[Trump Responds to Refusal to Sign Housing Bill: Knows Real Estate Better Than Anyone, Rate Cuts Are Key] Jin10 News, June 25 – On June 24 local time, when asked about the temporary cancellation of the plan to sign a bill aimed at reducing housing costs and increasing housing supply, U.S. President Trump stated, 'I said I wouldn’t sign that bill. I’ve made billions of dollars in the real estate industry, and I understand real estate better than anyone. This is entirely about interest rates; we need to lower rates. I also don’t want to hurt those who own property. For these people, it’s the first time in their lives they’ve owned a valuable house, and they’ve become wealthy. I don’t want to hurt them either.'