Housing now unaffordable for a record half of all renters thanks to Bidenomics

Published January 25, 2024 4:35pm ET



People are divided into two economies right now. For the elite, defined as those living in urban areas with a postgraduate degree making at least $150,000 a year, the economy under President Joe Biden has been great. Seventy-four percent of such voters tell pollsters their personal finances are getting better.

For the rest of America, Bidenomics has been a disaster, with just 20% saying their finances are better than before compared to 40% who say they are getting worse and another 40% who say they have stayed the same.

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