Record High — Harris-Biden Create ‘Most Unaffordable Housing Market in History’John Nolte 28 Aug 2024
Home prices, and therefore the American Dream, are the most “unaffordable … in history,” according to the latest data.
“Home prices hit a new record in June amid an ongoing housing shortage, even as high mortgage rates continued to push affordability out of reach for millions of Americans,” reports Fox Business.
The report adds, “Prices increased 5.4% nationally in June when compared with the previous year,” which is only down slightly from “the 5.9% pace recorded the previous month.”
“The upward pressure on home prices is making this the most unaffordable housing market in history,” Bright MLS’s chief economist told Fox. “First-time and moderate-income home buyers, in particular, increasingly are being left out of the housing market.”
The policies of the Harris-Biden administration and Democrats in general are the sole cause of this disaster.
First off, Democrats are against building new homes, most especially single-family homes. What Democrats really want is what they call “density,” which is forcing us all into studio apartments in their lousy cities. This makes us easier to control, and they make no secret of it. Their reasoning is based on the ludicrous idea that cities are better for the environment. What a lie. If you want to see filth, grime, trash, and lousy air and water, move to a city. If you want to see clean streets, clean water, clean air, and a true love for nature, head out to rural America where Trump voters live.
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https://www.breitbart.com/politics/2024/08/28/nolte-record-high-harris-biden-create-most-unaffordable-housing-market-history/