Polymarket bettors assign a 34% chance of Trump declaring a housing emergency by year-end, with odds rising 3% in 24 hours and over $4,000 wagered. The market resolves to "Yes" only if a formal emergency is declared under the National Emergencies Act by December 31. Google searches for "help with mortgage" have surpassed 2008 crisis levels, highlighting housing affordability pressures. Treasury Secretary Scott Bessent noted the administration may announce an emergency this fall amid high mortgage rates and tight supply, with median new home prices at $403,800 and only 28% of homes affordable to median-income households.