They are talking macroeconomic while you're talking microeconomics. Two different things. But perception is king. If people feel poor, even when they are not, then the are poor. Turns out they will vote accordingly.
GiddyGap
Well, with the hope that the GOP can "fix" an already good overall economy comes a lot of crazy policies that people will have to deal with in many other policy areas. But people chose to be single-issue economy voters and will now have to live with the insanity of all the other policies.
It really is ironic how it feels like Republicans got things done over the past four years, even without formal power. Biden definitely got a ton of good stuff done, but they were awful at presenting it to the public as wins.
Commercial real estate investment firm CBRE pegs the premium to buy versus own at about 35% earlier this year, with the dip in mortgage rates in the fall helping bring that level down from a record high of 52%. Their measure includes the cost of mortgage insurance that most lenders require but doesn’t factor in expenses like homeowners insurance or upkeep.
We're talking about two different things.
This is also very evident in the reactions to the election. Trump and the GOP were all screaming and hollering about election fraud right up until it looked like they wound win. Then crickets. Everyone is in only when their own team is winning.
Well, based on the recent election results, I suspect there's literally no limit to how low Americans will go.
Great to have all the conspiracy theorists back in power. Awesome job, America!
Watch RFK wash it all away.
Not the scenario this article talks about. Most people need mortgages, especially first time buyers.
I don't think your case is what the article describes.
The crypto economy is taking off until it's not taking off.