Pollsters say no single development has led these voters to sour on Biden, but they note that young people are keenly aware of the economic hurdles facing their age group.
Those who manage to get out of the house are increasingly stuck renting, as homeownership — the most common way Americans build wealth — drifts out of reach. President Joe Biden speaks about gas prices in the South Court Auditorium on the White House campus, June 22, 2022, in Washington. | Evan Vucci/AP Photo
Young people are skeptical of the government’s ability to make a difference, she said, and “if we don’t see leadership like that, that skepticism just festers.”Census Bureau data “First-time buying should be booming,” said Lawrence Yun, chief economist at the National Association of Realtors. “The reality is the exact opposite — millennials are facing tremendous challenges,” he said. “Typical first-time buyer activity should be closer to 40 percent. Today it’s been essentially trending at 30 percent, some months below that.”seeing their rent bills — the highest monthly expenditure for most households — grow dramatically larger when they renew their leases.
greed capitalism, record oil profits too...........
factsfaraone We need to stop letting banks buy residential homes.
Out of the market? Out of apartments- out of the country. The GQP may think a brain drain benefits them, but it won’t
you will own nothing and you will be happy
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