Election 2024: Biden’s Housing Problem

By KIMBERLEY HAAS With just weeks left before the Iowa caucus and the presidential primary in New Hampshire, home affordability is weighing on the minds of voters and at least one leading economist says the issue could take center stage as the race for the White House heats up. Daryl Fairweather, chief economist for Redfin, has said that President Joe Biden will be forced to make home affordability a cornerstone of his reelection bid. “Even though the overall economy is strong, high housing costs are making many Americans feel poor,” Fairweather said in her recent release on housing predictions for 2024. “Home prices are up more than 20% since President Biden took office. That’s a problem for his re-election bid:…