Housing affordability could shape young voters’ views of their own prosperity and the wider US economy, creating a political vulnerability for President Joe Biden.
(Bloomberg) Record-low US housing affordability is squeezing homebuyers and renters while threatening to spill into presidential politics.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysMGM Resorts Hackers Broke In After Tricking IT Service DeskMilwaukee, the largest city in key swing state Wisconsin, saw affordability deteriorate