Inflation concerns persist as the Consumer Price Index (CPI) remains 1% above the Federal Reserve's target of 2% due to soaring real estate prices. Rental rates have surged, driven by high mortgage rates, leading to voter frustration with the US economy.
Many voters frustrated by home prices Read more: https://t.co/w78iuMEthP
Many voters frustrated by home prices https://t.co/IBCryyA6DD
Lori Shelton can't fathom ever having the money to buy a home - and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election. https://t.co/CF2O3QadTh
Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election. https://t.co/eSQId3XVpz https://t.co/Rmy6cdP6OF
Prices may be cooling but "shelter inflation" is still causing big voter frustration with the economy. https://t.co/MBy1AMcX0P
Why are so many voters frustrated by the US economy? It’s home prices https://t.co/bzuhVu7j6r
CPI up 3.2% annualized the past 6 months. Take out shelter, it dips to 1.8%. Yes, shelter matters, but when 60% of people own a house and many are locked in at rates sub 3.5%, how much does it matter? https://t.co/0lmzMnD3Qu
Why are so many voters frustrated by the US economy? It's home prices https://t.co/To20Qqu9As
Only reason we're still talking about inflation and CPI is still 1% above the Fed's stated goal of 2% for the YoY is real estate. Rental rates are through the roof and it's going to take some time for them to come down. With mortgage rates so high, rental rates sky rocketed. That…
Only reason we're still talking about inflation and CPI is still 1% above the Fed's stated goal of 2% for the YoY is real estate. Rental rates are through the roof and it's going to take some time for them to come down. With mortgage rates so high, rental rates went through the…