Latest housing data reveals American dream under Biden is actually a nightmare
Fox News
Housing prices have never been this bad and you can thank Bidenomics. The new housing data says home prices are 7.64 times greater than the median household income.
There are many factors that affect housing prices, but two of the biggest are Biden’s reckless spending policies and his costly assault on traditional energy sources, such as oil and natural gas. Justin Haskins is the director of the Socialism Research Center at The Heartland Institute and a New York Times bestselling author.
Home prices are now 7.64 times greater than the median household income. Prior to President Joe Biden entering the White House, the highest ratio of home prices to household income occurred in 2006, at the pinnacle of the President George W. Bush-era housing bubble. In January 2006, housing prices were 6.82 times greater than the median household income.
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