At 7.5%, if I bought a house right now, I’d be paying $2,500 more per month in interest alone than I did when I last moved and bought a house in 2021.
That makes it absolutely unaffordable to make a mortgage payment.
This is the killer of inflation.
That should be any presidential candidate’s top priority, curbing inflation.
After that, energy prices.
I just paid $670 to fill of my oil tank after two months. Heating oil also heats my water heater, so even in the summer I burn heating oil. I just burn it at about half the rate in the summer than winter, so in January or February I’ll go through that much oil in one month instead of two.
But no, the big concern is Ukraine not having enough military support.
Fuck Pence and Fuck Ukraine.
Two college educated professionals working good jobs should be able to afford a house in America, but we can’t.
Fix that first.