Biden ensures young people can’t afford home ownership 

Biden ensures young people can’t afford home ownership 

If you’re a young person hoping to buy your first home or condo, President Joe Biden is seemingly doing everything in his power to make that dream less feasible. The president has pursued and called for several policies that make it harder for millions of young people to own a home.

High mortgage interest rates are one of the biggest obstacles to affording a home. Those exist thanks to the Federal Reserve’s attempts to cool inflation, which peaked above 9% in 2022 under the Biden administration.

Irresponsible federal spending, plus loose monetary policy from the Federal Reserve, caused that inflation. One of the biggest culprits behind this inflation was the $1.9 trillion American Rescue Plan Act that, among other wasteful provisions, provided states, municipalities, and tribal governments with money they

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