Impact of President Joe Biden's Migration Policies on Mortgage Rates and the Economy
President Joe Biden's migration policies have led to an increase in mortgage rates, impacting young couples and families. The influx of immigrants has raised demand for housing, pushing up interest rates. This has also contributed to inflation, reduced wages for Americans, and caused a shortage of rental housing. The economic policy of Extraction Migration aims to grow the consumer economy but has negative consequences on native-born Americans.