Housing Affordability in the US

SOURCE www.breitbart.com
Home prices in the US hit a new record in June, making it the most unaffordable housing market in history. Factors include housing shortage, high mortgage rates, and policies of the Harris-Biden administration. Democrats are blamed for limiting new home construction, importing illegal immigrants, and causing inflation and high energy prices.

Key Points

  • Home prices hit a new record in June, increasing 5.4% nationally
  • Democrats are accused of limiting new home construction and importing illegal immigrants
  • Inflation and high energy prices are contributing to the unaffordability of homes

Pros

  • Owning a home is seen as a key part of the American Dream
  • Homeownership is considered a good investment and provides stability

Cons

  • Rising home prices are pushing homeownership out of reach for many Americans
  • Policies of the Harris-Biden administration and Democrats are blamed for the housing crisis