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BIDENFLATION: Homes prices rise another 6% year over year

UnoFire

Posted 2:12 pm, 03/28/2024

Biden sets the home prices too?

antithesis

Posted 2:02 pm, 03/28/2024

Yes and no. The "more than two year pause in legal immigration" that "contributed to labor shortages" obviously has a long lasting impact... Biden can't just magically bring people in and build houses overnight.

And, of course, there's an added bonus that a lot of people saw this as an opportunity, buying up as much property as they could during COVID when people were desperate and now they're selling it for a premium. That's just capitalism.

DB Cooper

Posted 1:41 pm, 03/28/2024

Let me explain what year over year means. Simply from last year this time to this year this time. And last year this time Biden had been in office for two years. So any sane person must conclude Biden owns this 6% inflationary year over year move in home prices.

antithesis

Posted 1:28 pm, 03/28/2024

No spin necessary, it just gets really tiring to debunk literally every post you make

What's the point? You and your ilk don't listen to facts, and the people that do listen to facts never fall for your lies. Replying to you is an exercise in futility.

But fine, I'm a little bored right now.

The Fed said that the hyper inflation and subsequent rising home prices are due to 4 things...

1. the disruption of the global supply chain during COVID

2. Russia's invasion of Ukraine

3. Trump's failed tariff war against China

4. a "more than two-year pause in legal immigration" that "contributed to labor shortages." This was also the cause for an increase in housing costs.

https://www.philadelphiafed...mmerce.pdf

Which, as usual, proves you wrong. You are always so desperately trying to blame Biden for everything, when practically every problem we have started because of something that Trump did.

Wait, wait, let me guess... " you can't believe the Fed." Right? Or are you going to resort to the old, "you're lying, you're stupid, I don't like you, mommy!!" Go ahead and pick one, I'll wait...

tribune

Posted 10:17 am, 03/28/2024

Home construction down: Biden's fault. Realty prices up: Biden's fault. "It's the MARKET stupid."

DB Cooper

Posted 7:44 am, 03/28/2024

No comments from the left, huh. Even old Anti can't spin this one.

DB Cooper

Posted 12:13 pm, 03/27/2024

Thanks, Joe!

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