Posted on 04/11/2024 1:06:59 PM PDT by Kaiser8408a
One reason that America’s youth is disgusted with Bidenomics is skyrocketing prices, particulalry housing. (simply unaffordable). Thanks to awful economic policies, home prices are up 32.5% under Biden and 30-year mortgage rates are up a whopping 160%! Good luck buying a home with a part-time job.
The bad news is that the 10-year Treasury yield rose to 4.53%, the highest since November 2023. This means that mortgage rates will rise even further.
Yes, rising rates AND home prices are daunting to part-time job holders.
Of course, Biden and Powell want to addicted to gov.
Doctors, doctos (Yellen and Brainard), we’ve got a bad case of unaffordable housing.
(Excerpt) Read more at confoundedinterest.net ...
America can no longer “afford” Joe Biden....
We couldn’t afford Jimmy Carter. In 1980 I moved to Broward County, FL. There were over 6000 housing units for sale and I couldn’t afford a single one of them. Interest was over 20%.
It is NOT just home buying RENTING a place has become ridiculous young people can NOT afford to get out on their own anymore!! I am in CA. so I know it is especially high here HOWEVER a studio apt. is VERY CLOSE to $3,000 a month with first, last and security deposit that is $10,000 just to move into an apt..
DON’T WORRY SOVIET STYLE BLOCK APARTMENTS AT RAILROAD STATIONS ON THE WAY!
Will the young people who voted for Traitorjoe in 2020 recognize themselves for the traitors they are?
Agree. This idiot has trashed the USA many of us fought for.
Yup. I’m in MA and my youngest daughter is still at home. She has a pretty decent job, but there are almost no apartments in our area (pretty rural) and the ones that are “available” are about $2500 a month. Not affordable. The expectation seems to be that young people will either buy a house or live in Mom’s basement. And since houses in our area start north of $500,00 for a starter home, there are a lot of young people living in Mom’s basement.
But but they promised me more free stuff and a “living wage”!!!
To bad your living wage of $15 an hour now buys you a combo meal in some places.
Sky News AU says Biden is so sad and weak, the world needs a leader.
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