Stephen Moore: In blue metros like San Francisco, Los Angeles, and Boston, it can take 23–36 years for a median-income household to save for a down payment. In red metros like San Antonio or Memphis, it’s 1–3.5 years. Leftist policies are pricing young families out of the American Dream.
- True words. I listen to people rant and rave about get a better job! Save your money! And it’s blatantly obvious they do not live under true democratic rule where they have made it virtually impossible to afford even basic things like rent or a mortgage – let alone everything else. And they continue to pass laws, taxes, fees, that ensure it only gets worse – but the majority of them leave multi millionaires from office so it’s no suprise. – HHJ
- I think it has been this way since Nixon detached the dollar from gold, though now in the stratosphere in some places. Of course, since around 1979 the swings in prices and sales have gotten worse. I think. But you probably actually know what you are talking about. Correct me where I am wrong. – David Duncan
