We are a country in desperate shape. For nearly two hundred years we have been a two-party democracy, The parties have changed names but the agreement was that both parties supported democracy and demanded a level of integrity. That is no longer the case. The Republican Party has become a White nationalist christofascist cult and, as a result, we have a dysfunctional Congress that is literally about to close down the federal government. Worse, our wealth inequality has become so great that a group of oligarchs has evolved whose sole interest is to be in control, and because we have legalized bribery, they have completely corrupted the Congress. As a result of all this, we no longer are a country that fosters wellbeing as it highest priority. Average families can’t even buy a home, as this article describes. The Democrats have many flaws but they, at least, still do adhere to fostering wellbeing. The biggest problem is a large portion of the population supports the Republicans and that makes the country violent and dysfunctional. This all now hinges on the 2024 election. How it goes will determine what kind of nation the United States will be in the future. You better do what you can to get everyone you know and they know from 18 on to vote only for Democrats. Not that, as I said, they are perfect, but the Republicans are an unmitigated disaster, if wellbeing and democracy are what you want.
The typical American cannot afford to buy a home in a growing number of communities across the nation, according to common lending standards.
That’s the main takeaway from a new report from real estate data provider ATTOM. Researchers examined the median home prices last year for roughly 575 U.S. counties and found that home prices in 99% of those areas are beyond the reach of the average income earner, who makes $71,214 a year, according to ATTOM..
Housing experts point to couple trends driving up housing costs. Mortgage rates have topped 7%, adding hundreds of dollars per month to a potential house payment. At the same time, homeowners who locked in at lower mortgage rates during the pandemic have opted not to sell out of fear of having to buy another property at today’s elevated rates, depleting the supply of homes for sale.
“The only people who are selling right now are people who really need to move because of a life event — divorce, marriage, new baby, new job, […]