Posted 12/6/2023, 4:16:33 PM
Biden Faces 2024 Reelection Battle Over Runaway Housing Costs Squeezing Americans
- Housing prices up 20% since Biden took office in 2021, presenting reelection challenge
- High housing costs making Americans feel poor despite strong overall economy
- Redfin expects housing policies to be part of 2024 presidential campaign
- Forecast shows some housing affordability improvement in 2024 but still out of reach for many
- Young people increasingly pessimistic about homeownership prospects