Robert F. Kennedy Jr.: “BlackRock Is Robbing Americans of The Ability To Own Homes”

[TheCount]

Yes inflation is bad, but that changes nothing. You work hard and save in inflation proof commodities.

It's not just inflation. The relationship between income and cost of housing is dramatically different now than it was in the past.

When you were born, homes cost - on average - four times annual household income. Now it's nearly eight times household income.

But that's household income

When you were born, only 45% of households were dual income. Now it's 61%.


It now takes twice as long to earn the money to buy a house assuming that you're married (and you're less likely to be married) and your spouse works.

If those two things aren't the case, the situation is even worse.

 

[Occam's Banana]

https://twitter.com/jeffdeist/status/1699394978705719545

 

[oyarde]

In the past 23.8 yrs median home prices have moved roughly four times higher while median income has hardly changed , govt debt is up 450 percent during a time of unlimited printing with hardly any interest. Nearly into our third yr now of third world inflation . Govt cant fix the problems they created. More inflation coming now through increased energy costs , and more inflationary spending kicking in from biden/dems bills of waste and trillions .

 

[Occam's Banana]

https://twitter.com/jeffdeist/status/1699394978705719545

https://twitter.com/philthatremains/status/1699550360388395278

 

[Brian4Liberty]

https://twitter.com/philthatremains/status/1699550360388395278

And usually the socialist's "proof" is Nordic nations...

H/t to Rand Paul:

https://twitter.com/RandPaul/status/1686783918085750792