• Re: Bidenomics hits Americans: Mortgage payments UP 90%

    From Charlie Glock <"Charlie@21:1/5 to Paul Ragna on Fri Dec 15 17:32:40 2023
    XPost: alt.politics.republicans, alt.politics, alt.fan.rush-limbaugh

    On 2023-12-15, Paul Ragna <tpragna@gmail.com> wrote:
    Bidenomics strikes again!

    "Bidenomics hits Americans: Mortgage payments UP 90%"

    <https://www.wnd.com/2023/12/bidenomics-hits-americans-mortgage-payments-


    "Average explodes from $1,746 to $3,322"

    "Before Joe Biden took over the White House, the average monthly payments across the nation on a new home were $1,746.

    That was actually only a few years ago.

    But data from real estate investment firm CBRE says that figure now is $3,322, a "staggering" 90% hike.


    Joe Biden repeatedly has touted "Bidenomics" as a reason to re-elect him
    to be president until he's close to 90 years old.

    That's the set of policies that gave Americans 9.1% inflation, gas at $6
    a gallon in many locations, rocketing food prices and worse.

    This includes mortgage payments, which now are up 90% on his watch.

    Completing this poll entitles you to WND news updates free of charge. You
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    The New York Post warns that, because of Biden, "The dream of owning a
    home in America is slipping farther away for many, with average monthly mortgage payments now nearly double what they were at the start of the
    Biden administration.

    "As interest rates surge above 7% and housing prices continue their
    ascent, aspiring buyers are confronted with one of the most unaffordable markets in recent memory," the report charged.

    Part of the problem has been the ripple effect of the Democrats' agenda
    to spend trillions of borrowed dollars in various programs sought by
    Biden and his cronies. That pushed inflation to levels as high as 9.1%,
    and the Federal Reserve, trying to pull that down, has raised interest
    rates so that home mortgages often now are close to 7%.

    A report from the Post noted that Democrats like Biden's economic work,
    but "for the most part, it seems that the average American is tired of
    it."


    But.......Joe Biden is telling anyone who will listen that his Bidenomics plan is working.
    How can that be?
    Somebody is lying.



    --
    Charlie Glock
    "No free man shall ever be debarred the use of arms"
    - Thomas Jefferson 1776

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From WhataWonderfulWorld@21:1/5 to Glock"@localhost.com on Fri Dec 15 23:37:16 2023
    XPost: alt.politics.republicans, alt.politics, alt.fan.rush-limbaugh

    Charlie Glock <"Charlie Glock"@localhost.com> wrote in news:Y40fN.40067$Wp_8.31910@fx17.iad:

    On 2023-12-15, Paul Ragna <tpragna@gmail.com> wrote:
    Bidenomics strikes again!

    "Bidenomics hits Americans: Mortgage payments UP 90%"

    <https://www.wnd.com/2023/12/bidenomics-hits-americans-mortgage-
    payment
    s-


    "Average explodes from $1,746 to $3,322"

    "Before Joe Biden took over the White House, the average monthly
    payments across the nation on a new home were $1,746.

    That was actually only a few years ago.

    But data from real estate investment firm CBRE says that figure now
    is $3,322, a "staggering" 90% hike.


    Joe Biden repeatedly has touted "Bidenomics" as a reason to re-elect
    him to be president until he's close to 90 years old.

    That's the set of policies that gave Americans 9.1% inflation, gas at
    $6 a gallon in many locations, rocketing food prices and worse.

    This includes mortgage payments, which now are up 90% on his watch.

    Completing this poll entitles you to WND news updates free of charge.
    You may opt out at anytime. You also agree to our Privacy Policy and
    Terms of Use.
    The New York Post warns that, because of Biden, "The dream of owning
    a home in America is slipping farther away for many, with average
    monthly mortgage payments now nearly double what they were at the
    start of the Biden administration.

    "As interest rates surge above 7% and housing prices continue their
    ascent, aspiring buyers are confronted with one of the most
    unaffordable markets in recent memory," the report charged.

    Part of the problem has been the ripple effect of the Democrats'
    agenda to spend trillions of borrowed dollars in various programs
    sought by Biden and his cronies. That pushed inflation to levels as
    high as 9.1%, and the Federal Reserve, trying to pull that down, has
    raised interest rates so that home mortgages often now are close to
    7%.

    A report from the Post noted that Democrats like Biden's economic
    work, but "for the most part, it seems that the average American is
    tired of it."


    But.......Joe Biden is telling anyone who will listen that his
    Bidenomics plan is working. How can that be?
    Somebody is lying.



    I love american stoopid, it sounds so much more stoopid than any other
    country.

    --- SoupGate-Win32 v1.05
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