Posted on 11/10/2026 9:19:20 AM PST by CondoleezzaProtege
Americans have handed the new Congress its marching orders: Tackle the affordability crisis that’s keeping so many young people locked out of the housing market.
Housing affordability was one of several key themes that resonated with voters from South Carolina and Ohio to Texas, Montana, and beyond, helping more than 40 Democrats to flip seats in both the Senate and House of Representatives during last week’s midterm elections...
Earlier this year, the National Association of Realtors reported that the typical first-time homebuyer is now 40 years old, a record high and a sharp increase from even five years ago, when the age was 33...
This year has seen the cost of nearly everything increase amid a surge in fuel prices stemming from the war in Iran. To tame inflation, the Federal Reserve raised its benchmark federal funds rate for the first time in more than three years in September—and traders broadly expect that central bankers will do so again in December, which means mortgage rates could remain higher.
To deal with rising housing costs, 59% of renters and homeowners alike say they’re taking steps to manage—either finding additional work or tapping into savings, according to a survey conducted by Experian in September...More than one-third of renters don’t think they’ll ever be able to afford a home despite wanting to, according to a quarterly survey conducted by CNBC...
The new Congress has a directive when it convenes in January, as Ali Solis, CEO of Solis Strategic Solutions, told Affordable Housing Finance.
“Voters sent a clear message that the cost of rent, homeownership being out of reach, and everyday living cost is way too high,” she said. “People are struggling, and they want Washington to act.”
(Excerpt) Read more at fastcompany.com ...
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We must create free housing for the illegal aliens.
Start kicking legacy citizens out of their homes immediately!
“Voters sent a clear message that the cost of rent, homeownership being out of reach, and everyday living cost is way too high. People are struggling, and they want Washington to act.”So, to fix "affordability," voters sent the big government, big tax, pro-regulation, anti-business, anti-capitalist party to DC.
So, once again, the vote is all about wealth redistribution. The millenials or whatever these ungrateful, entitled leeches are called, are wanting wealth from boomers. Another name for socialism.
When it comes to housing, some of the least affordable places in America, are in places controlled by Democrats politically.
Some of those places have high housing costs, precisely because of Democrat policies which affect housing, such as zoning and building regulations.
Yet we’re supposed to think that Democrats will deliver housing affordability, when their policies have driven prices in places they control, higher and higher????
Well, Congress is supposed to "coin money, and regulate the value thereof", and "No State may make anything other than gold or silver coin legal tender in payment of debts", Congress does have a roadmap if they choose to take the off-ramp.
However, since people with a lot of paper dollars, and now spendable electrons, can still buy lots of stuff, it's a big ask to restore Constitutional money to give young people just starting out a fair chance.
Ron Paul (PBUH) made Reagan issue legal tender one ounce gold coins with a face value of $50 starting in 1986, those coins now trade at around $4200 paper dollars. 50/4200=0.0119, which means if your 401(k) has a million dollars in it, your Constitutional money payout would be just shy of $12,000, and your $2,000,000 house could sell for $24,000.
Now, this is what they should do, but that would mean a national debt jubilee and nailing the money pirates to the wall, and THAT Congress will obviously never do.
These are some of the most consistent themes that I have heard when talking to younger people over the last few years.
-Cost of living going up when wages don’t.
-The cost of trying to buy a home
Younger people think the system is broke, and they are not wrong, although personally I believe that all this was inevitable when we stopped manufacturing and producing good 30-60 years ago, and our trade deficits and national debt just kicking the standard-of-living “can’ down the road.
We have to print money in order to dilute the cost of our debt and the subsequent disparity between cost of living and income is going to widen.
The other thing that I hear young people say is broke is social security. They all believe that they will not get any by the time they retire.
I would suggest, the problem is basically unfixable.
Spineless, selfish politicians doing nothing for decades to fix our problems and passing terrible laws and bloating up bureaucracy and regulation is coming home to roost.
Impeaching Trump should fix everything
Anyone know the percentage of cost of a new home in BS Regulations?
How does a Democrat make something “affordable”?
By subsidizing it with tax dollars, of course! That’s the only strategy they know.
Good. Affordability is causing people to choose between life’s most fundamental needs. People shouldn’t have to choose between Taylor Swift tickets and new iPhones. Or Chipotle burritos and Starbucks coffee. Or the new Playstation and a tattoo. Or a new septum ring and a night at the bar. I work at a bar. It breaks my heart seeing so many young people choosing well tequila over Patron shots. Or the 8 dollar domestic beer over the 10 dollar craft beer.
They will fix the affordability problem by telling the media to quit talking about it.
The rule of thumb is you can afford a house which is 2x your yearly income.
Due to mass immigration (legal and illegal) the median house costs 450K.
The median salary is about 75K and has been stagnant, again due to mass migration.
Any questions ?
They passed a law limiting private equality firms from buying a lot of single family housing through I suspect it has a lot of loop holes. Whatever your opinion on the issue is, it would probably be handled better at the state level. Though Im not too sure what any state has done about it
As far as the federal government goes , it needs to deport 30 million illegals , that would lower the price
Trump deported 3 million and the country had a spazz attack so…good luck with that
housing “affordability” is at least a 50% function of unnecessary regulations that add enormous expense to housing construction, and therefore the Democrats are absolutely the wrong bunch to actually solve the problems they created in the first place ...
however, we all know that the Democrat solution is to EXCLUSIVELY throw large amounts of money at a problem, but in a way that never goes DIRECTLY to the people who need help, instead going to create a ginormous bureaucracy ...
assuming the Dems do anything at all, they’ll probably spend hundreds of billions to build more PUBLIC housing like the UK does, because Dems would NEVER fund a program that would facility more private ownership of anything ...
Issuing constitutional money and allowing private money creation.
Right here. This is how they are going to fix it.
https://x.com/eclipsethis2003/status/2118700144455504261/video/1
Yes. What’s wrong with renting a house or an apartment?
People act as if the affordability crisis in housing just emerged in the last two years, but it goes back at least 15 or 20 years. And it is typically worse in places run by Democrats. Moreover, Democrats have openly said they don’t want us living in houses because of . . . climate change.
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