According to The Wall Street Journal, Midwesterners are frustrated by rising home prices and the cost of living under Biden, highlighting how they had more money under former President Donald Trump’s tenure.
Milwaukee-area residents once considered the battleground state a great place to live, but prices have skyrocketed under President Joe Biden, leaving many struggling to make ends meet. according to Although Vice President Kamala Harris is a newcomer, a majority of voters believe her economic policies will be an extension of Biden’s, according to the WSJ. according to According to the latest Harvard-Harris Poll on July 30th. (RELATED: ‘Abhorrent to business’: Billionaire warns Kamala Harris ‘more left than Biden’)
“My dollar was worth more when Trump was president,” Dawn Horn, a 39-year-old small business owner and mother of five, told the Journal. “I don’t know what to expect with Kamala.”
GREEN BAY, WISCONSIN – APRIL 2: Former President Donald Trump arrives at a rally in Green Bay, Wisconsin on April 2, 2024. At the rally, Trump spoke next to an empty podium on stage, challenging President Joe Biden to a debate. (Photo by Scott Olson/Getty Images)
“I always thought our city was a better place to live,” Kayla Lange, 24, told the Journal. “Things are out of control, and I blame those responsible.”
The median home price has risen from an average of $371,000 in 2020 to more than $500,000 by 2024. according to The average price of everyday items like gasoline has also risen, from an average of $1.88 in April 2020 to an average of $3.60 in June, according to data from the Federal Reserve Bank of St. Louis. according to To the Bureau of Labor Statistics.
Last year, the average sales price in Wisconsin increased 8%. according to to Redfin. This is the largest home price increase across seven battleground states and double the U.S. average, the WSJ reported.
“People are voting based on how they feel about their economic situation, and the degree to which they feel they have chances in life is closely tied to housing,” David Dworkin, president of the National Housing Congress, told the Journal. (Related article: Experts say Biden administration’s housing policies could add fuel to the fire of the housing shortage)
Now that Biden has handed the baton to his nominee, Harris, 67% of voters believe his presidency will be a mere continuation of the current administration, according to a new Harvard/Harris poll, and only a third believe Biden will actually change course on “taxes, inflation, immigration and energy.”
“A few years ago, it was really realistic to buy something with a salary of $50,000 a year,” John Johnson, a research associate at Marquette University Law School, told the Journal. “That’s no longer the case.” (Related: Exclusive: Mike Pence group claims Kamala Harris’ tax plan would ‘harm American businesses’)
“If we were making what we are making now when Trump was still president, we would have been blessed,” Nahona Moore, 28, a lifelong Democrat, told the outlet.
As of November 2023, there will be a housing shortage of between 4 million and 7 million. according to The Pew Charitable Trusts estimate that the shortfall increased by 200,000 from 2021 to 2022. estimate From Zillow.
“We were frustrated with the situation. We spent a lot of time and we just couldn’t find what we were looking for,” Fernanda Speranza, 48, who works in customer service, told The Wall Street Journal. “We both make a good living and it shouldn’t be this hard.”
The White House press office, the Biden campaign and the Harris campaign did not immediately respond to requests for comment from the Daily Caller News Foundation.
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