Inflation…17%

AzogtheDefiler

The Pale Orc
Gold Supporting Member
Aug 4, 2018
62,960
27,643
2,300
Boston, MA
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Since Biden took office.


Bidenomics indeed


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37% approval rating.

Biden sucks

Vote GOP in 2024
 
They aren’t. You’re being hyperbolic
The reason for the high property prices is not driven by consumer demand..

Why houses are getting too expensive?


There are more buyers than there are homes available, which is keeping home prices high. Additionally, lenders are much stricter now than they were before the Great Recession, which means borrowers are more qualified and less likely to default on their loan.Aug 28, 2023
https://www.bankrate.com/real-estat...re more buyers than,to default on their loan.

Why is the housing market so expensive? - Bankrate

https://www.bankrate.com/real-estat...re more buyers than,to default on their loan.
Yet

16 million

Roughly 9% of homes (16 million) in America are considered vacant. The top 10 U.S. cities with the highest vacancy rates are in the South or Midwest. Nearly one-third (32.8%) of vacant homes are vacation homes for seasonal or recreational use.Apr 12, 2023

16 Million U.S. Homes Are Sitting Vacant, So Why Are Homes ...​

 
Yet they do not gouge the populace but corporate America does..

US Corporate Profits Soar With Margins at Widest Since 1950



View attachment 836022
Bloomberg
https://www.bloomberg.com › news › articles › us-cor...



Aug 25, 2022 — Across the economy, adjusted pretax corporate profits increased 6.1% in the April-to-June period from the prior quarter -- the fastest pace in a

If their costs go up 10% and they raise their prices 10%, their profits will increase 10%.

Thanks Biden!!!
 

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