Housing affordability is worse than in the 1980s even with lower mortgage rates.
Mortgages, Home Prices, and the American Dream Whenever the conversation turns to current mortgage rates, you can be sure someone will chime in with a familiar refrain: “You think 7.5% is high? I was paying 14% back in the 1980s!” While they’re correct about the sheer interest rate, they’re missing a larger issue. GEN Z […]
Secretary Bessent Sends a ‘Happy Indigenous Peoples’ Day’ Greeting to Heritage-Adopting Senator Amid a Stream of Snide Affordability Letters
Treasury Secretary Scott Bessent extended a “Happy Indigenous Peoples’ Day” greeting to Democratic Senator Elizabeth Warren while criticizing her inflation tracker and her numerous letters sent to his department. Bessent responded to Warren’s recent correspondence in a letter shared on X. Reports indicate that Warren has reached out to the Treasury over 100 times within […]
Jeff Bezos connects the attractiveness of socialism to problems with affordability, such as expensive housing.
Jeff Bezos Discusses Socialism and Perceptions of Success In a recent interview, Jeff Bezos, the founder of Amazon and Blue Origin, shared his views on why socialism seems to be gaining popularity among some politicians and voters. Conducted by Fox News’ Bret Baier at Blue Origin’s Space Coast facility, the conversation touched on various issues […]
Colleges cut tuition to increase enrollment due to worries about affordability
Shifting Perspectives on College Tuition In recent times, young Americans have been reevaluating the importance of a college degree. With tuition costs soaring and the burden of student loan debt looming large, some colleges are responding by slashing their tuition fees to lure in students and boost enrollment figures. A report highlighted that various institutions […]
Senate Republicans claim college sports legislation overlooks affordability
Senate’s Focus Shifts from Economy to College Sports The economy has been the focal point of this election, as it often is, but recently, the Senate has spent its remaining time discussing an unexpected topic: college sports. This diversion has raised concerns among some Republicans who worry they might be missing the mark on addressing […]
Healthcare Workers Are Giving Up Health Insurance As Affordability Issues Persist
A number of healthcare workers in the U.S. are choosing to drop their health insurance as costs continue to soar. Reports indicate that many medical professionals are dealing with bills they simply cannot manage, and it seems likely that more will opt out of health insurance soon. This shift could put additional pressure on the […]
Study of Mayors Across the Country Highlights Effects of Affordability Crisis on Local Businesses
A recent report highlights the struggles many mayors across the country are facing when it comes to lowering living costs that impact local communities. According to a survey by the United States Conference of Mayors (USCM), 92% of mayors, representing around 34.1 million people in 113 cities across 39 states and Puerto Rico, noted that […]
Secretary Chris Wright States US Energy Policy Should Focus on Affordability and Reliability
Energy Secretary Discusses U.S. Power Costs and Policy In a recent discussion, Energy Secretary Chris Wright emphasized that the U.S., which has an abundance of energy resources, should lead to lower electricity costs and more dependable power for everyday Americans. This conversation comes as the Trump administration faces scrutiny regarding electricity affordability, grid reliability, and […]
Advancing American Freedom unveils affordability strategy for Republicans
New Affordability Agenda Ahead of Midterm Elections With control of Congress at stake and economic issues taking center stage in campaigns, a notable conservative organization is launching a comprehensive affordability agenda designed to sharpen the economic messaging for Republicans as the November midterm elections approach. The Advancing American Freedom report, titled “Affordability 101,” is being […]
Coalition for Affordability and Prosperity Urges Senate to Address Housing Tax Issue
Coalition Proposes Changes to Capital Gains Tax for Home Sales The Coalition for Affordability and Prosperity is pushing the Senate Finance Committee to move forward with legislation aimed at increasing the capital gains tax exclusion for homeowners. They argue that a tax threshold that has not changed in nearly thirty years is making it harder […]