Election 2024

Will The Affordability Of Homes Sway Voters In 2024?

Posted on by TMN Editor
By KIMBERLEY HAAS Home affordability continues to be problematic for American families. High prices, elevated mortgage rates, and a low supply of inventory have kept adults in their 20s and 30s off the housing ladder. At the same time, homeowners with growing families are unable to move up that ladder into properties that would better accommodate their needs for the same reasons. It’s an issue that touches all generations because older adults are worried about their children and grandchildren. They’re also aging but if their house is paid off, it often does not make financial sense to move, even if they no longer need three bedrooms on a regular basis. But will the affordability of homes push people to vote…

What The Top Republican Presidential Candidates Are Saying About The Housing Market

Posted on by TMN Editor
By KIMBERLEY HAAS Home affordability is expected to be a pressing issue for American families again this year and although it is not a top priority for Republican presidential candidates yet, they are talking about it. At a rally last month in Durham, New Hampshire, former President Donald Trump said mortgages have become unattainable to the average person and promised to go after banks if he wins back the White House. “After three years of Bidenomics, they call it Bidenomics, from hell, the average monthly mortgage payment has gone from $1,746 under my administration to $3,322 today, but you can’t get the money, so it doesn’t matter,” Trump told the crowd. Trump claimed that “Biden’s handlers are making the banks…