Affordability is at the center of the Republican Party’s chances of retaining the House and Senate in November’s midterm elections. Beef prices are high, gas is above $4, and diesel is adding to companies’ cost pressures. But while everyday Americans have plenty to complain about, one affordability issue is getting too little attention: the American Dream. Across the US real estate market, evidence suggests housing deflation is on the horizon, and the homebuying objective would be within reach tomorrow if not for the war in Iran.
Housing Deflation Data
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