Despite the growing economy, falling unemployment, and rising wages, many voters are dissatisfied with President Joe Biden’s handling of the economy.
A significant factor is inflation, which has made most people financially worse off under Bidenomics.
Additionally, Federal Reserve efforts to control inflation have made homeownership unattainable for many, particularly young voters. (Trending: Democrat Excludes White People From Holiday Party In Controversial Email)
Housing costs have risen due to regulatory restrictions, and a proposal to incentivize states to build more housing has been suggested as a potential solution.
“According to Redfin, a typical home buyers’ monthly mortgage payment has almost doubled from what it was in 2020 to about $2,900. Before Bidenflation, a $2,000 monthly mortgage payment could finance a $400,000 home. Today, the same buyer could only finance $295,000,” the report noted.
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