Posted on 08/28/2024 10:47:50 AM PDT by ChicagoConservative27
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.
(Excerpt) Read more at breitbart.com ...
Can’t tell you the last time we bought steak. The house, were good.
And those housing prices, turn into tax assessment valuations.
‘We need the state’s full-throttle support’: Cuyahoga County calls on Ohio lawmakers to pass property tax relief legislation
I keep getting calls daily to sell my house.
Yesterday, the guy was convinced I had an empty lot I could sell.
This lot has not been empty for almost 20 years & I am talking to him ON A LAND LINE .
I could NOT get his to listen to what I was saying.
Finally-—I told him I would sell—
“$ 1 MILLION-—ALL CASH-—UP FRONT—ONE PAYMENT—60 day escrow”
HE HUNG UP.
The main reason is because of 10 million plus illegal aliens.
next up government will be buying homes for them free of charge
‘we’re’! Doh!
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