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.
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