Will Cain on consumer prices and housing
Will Cain calls the Democrats affordability claims a hoax and points to their actions as the real cause. Consumer prices averaged just over 5% with peaks exceeding 9%, but during Trump's second term, the CPI number has returned to under 3%. Housing trends show a sharp split by political geography. Prices are rising in blue metro areas including New York and Boston up more than 4%, while Minneapolis and Los Angeles are also climbing almost 4%. Meanwhile, housing is falling in Texas cities like Dallas, Austin, and San Antonio, plus Atlanta and Miami. Nationally, housing prices increased during the Biden administration compared to Trump's first term and are higher now than in Trump's second term. Those pushing for socialist power are characterized as arsonists who falsely promise overnight fixes. President Trump is correcting a disaster caused by the Biden administration and voters must support Republicans to prevent Democrat obstruction through 2028.
Transcrição (en)
increase averaged out to just over 5% with peaks, of course, as you know, well over 9%. So far in President Trump's second term, the CPI number is back under 3%. Now, let's talk about the other hot issue, housing. Yesterday, we showed you where housing prices are falling. It's states like Texas, cities like Dallas, Austin, and San Antonio. It's cities like Atlanta. It's cities like Miami. But let's take a look at where housing prices are surging, rising. They're blue metro areas. New York and Boston up more than 4%. Minneapolis, almost 4%. Los Angeles, almost 4%. Nationally, housing prices took off during the Biden administration, up from Trump's first term and higher than Trump's second term. So what is driving housing prices up, out of the reach of the middle class and the young? Let's talk more about
