Why are so many voters frustrated by the US economy? It’s home prices
News Talk
By Josh Boak | The Associated Press
FILE – A home under construction marked as “SOLD” at a development in Eagleville, Pa., is shown on Friday, April 28, 2023. The United States is slogging through a housing affordability crisis that was decades in the making. The shortage pours cold water on President Joe Biden’s assurances that the U.S. economy is strong and underscores the degree to which Republican presidential candidate, former President Donald Trump, has largely overlooked the issue. (AP Photo/Matt Rourke, File)
WASHINGTON (AP) — Lori Shelton can’t fathom ever having the money to buy a home — and that’s a major reason why so many voters feel down on the economy ahead of this year’s presidential election.
Shelton, 67, drives an Uber to help pay rent in Aurora, Colorado. An advance on her pay covered her apartment’s security deposit. But it also cut into her next paycheck, leaving her bank account dangerously low when the rent was due — a cycle that never seems to end.
“I’m always one step behind,” said Shelton, her voice choking up. “It’s a nightmare, it’s a freaking nightmare right now.”
The United States is slogging through a housing affordability crisis that was...
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