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Mortgage Payments on Median Price Homes Have Almost Doubled Under Biden

Speaking of inflation, here’s a jaw-dropping calculation from the House Ways and Means Committee:

The analysis is somewhat misleading because homes are an asset, so when they rise in price, homeowners benefit. But much of the increase here in buying a home does not benefit home sellers, because the higher prices are in part due to higher inflation and higher mortgage interest rates. No one benefits from that.

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