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Wall Street Journal: Biden’s Migration Spikes Interest, Mortgage Rates
Breitbart ^
| 05/12/2024
| NEIL MUNRO
Posted on 05/13/2024 6:39:11 AM PDT by ChicagoConservative27
President Joe Biden’s policy of mass migration is forcing up housing inflation, so pushing up interest rates and mortgage rates, according to a report in the Wall Street Journal.
Housing prices should have dropped amid the recent supply of new apartments and homes, but have “not behaved the way we thought it would,” said Austan Goolsbee, president of the Federal Reserve Bank of Chicago..
“I still think it will, but if it doesn’t, we’re going to have a hard time” bringing inflation back down to the target of 2 percent, Goolsbee told the Journal for a May 11 article.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Front Page News; Government; Politics/Elections
KEYWORDS: aliens; biden; housing; inflation; interest; migration; mortgage; realty
Pudding brain does not know if its may or tuesday let alone mortgage rates.
To: ChicagoConservative27
Housing prices should have dropped amid the recent supply of new apartments and homes, but have “not behaved the way we thought it would,” said Austan Goolsbee, president of the Federal Reserve Bank of Chicago.. Austan Goolsbee, also known as Vizzini
2
posted on
05/13/2024 8:06:20 AM PDT
by
COBOL2Java
(At the end of 2023, the country bounces along like Custer on the way to Little Big Horn)
To: COBOL2Java
Biden filled every crack & crevice of new apartments & houses with INVADERS
3
posted on
05/13/2024 8:23:48 AM PDT
by
ridesthemiles
(not giving up on TRUMP---EVER)
To: ChicagoConservative27
Wow! The Law of Supply and Demand really works! Who knew.
4
posted on
05/13/2024 9:48:37 AM PDT
by
Chgogal
(To paraphrase Biden: You vote Democrat? You ain't smart.)
To: ChicagoConservative27
Spikes interest? Of course. It spikes interest in getting across the Rio Grande./parody
5
posted on
05/13/2024 2:07:38 PM PDT
by
Eleutheria5
(Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
To: ChicagoConservative27
I shopped Costco DFW area today for a few items. I noticed everything was up well over a $1.00 from last time I shopped there 1 1/2 weeks ago. Inflation ain’t turning the corner Joe……..FJB !
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
7
posted on
05/14/2024 9:24:22 AM PDT
by
SunkenCiv
(Putin should skip ahead to where he kills himself in the bunker.)
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