Saturday, June 3, 2023

Affordable Housing Crisis

 One of the American dreams is to have your own home.  In the United States that dream is becoming increasingly difficult to manage and achieve.  Yes, you can find a home.  But the home you find at the price you can pay is not the dream home you always desired. Why?  Because the prices of homes have skyrocketed since 2020.   A home that could be purchased for a mortgage price of $250,000 in 2020 will now cost around $450,000 in 2023.

The rising costs especially impact the first-time home buyers.  Those who are tired of paying rent prices that are equal to some monthly mortgage payments.  So what are government officials doing about the problem?  Is there legislation being proposed to bring relief to homeowners and would be homeowners?

This is an issue that needs to be up front in the upcoming 2024 political primaries and general election.   Affordable housing is a major issue.  As you review the credentials of local, state, and national candidates ask them what they propose to ease the Affordable Housing Crisis.

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