In politics, it is usually discussed whether you are better off today than 4 years ago.
Well, not if you are a renter or need to buy a home with mortgage financing.
If you are a homeowner, you are better off in terms of home equty.
With the Case-Shiller National home price index up 34% since Biden's selection as President.
The bad news? Property taxes are soaring and home insurance rates are up.
The worst news? The 30 year conforming mortgage rate is up 147% under Biden.
If you are a renter, you are worse off because of rising rents and the diffculty of transitioning to homeowership.
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