Under President Biden, home prices in the United States have surged, with a nearly 50% increase, making it challenging for millennials to purchase their first homes. The rise in housing costs is putting the American Dream out of reach for many families, as a significant portion of household income is now required to afford a mortgage payment on a median-priced new home. Biden's green policies are also blamed for the increased cost of home construction, forcing Americans to compromise on quality for affordability.
Joe Biden's radical green policies are killing the American dream of home ownership. His war on energy means the cost to build a home has drastically increased and Americans are forced to sacrifice quality for affordability if they even can buy a home. https://t.co/kz2ooT4m4K
UNITED STATES: The income needed to 'comfortably afford a home is up 80% since 2020', while median income over the same period has only risen 23%, according to Zillow.
Housing costs continue to burden American families: NAHB: In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced new home. https://t.co/ifxgUtiWIS
Rising home prices in the United States are making it more difficult to afford a home, especially for first-time home buyers. https://t.co/v7xdwxHuDF
Under President Biden, home prices have risen almost 50%, making it nearly impossible for millennials to buy their first home and driving the American Dream further and further out of reach. https://t.co/vnAHY2wX8n