Biden’s ShamWow Economy! Real Home Price To Real Median Earnings Not As Bad As 2006’s Housing Bubble (Home Prices UP 32% Under Biden While Mortgage Rates UP 155%)

Confounded Interest ^ | 09/04/2023 | Anthony B. Sanders

[Kaiser8408a]

You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy!

Yes, if I look at real home prices less real median earnings we can see that the ratio, while terrible, is still not as bad as the housing bubble of 2006.

If I look at Case-Shiller National home price index less REAL median earnings, it is now far worse than in 2006.

But home prices are still up 32% under Biden

While the 30-year conforming mortgage rate is up 155% under Vacation Joe.

It should be GREEN ShamWow!. The money seems to be disappearing into the pockets of green energy donors, and Ukraine.

[Kaiser8408a]

ShamWow is right! Bidenomics is fraud!!!!!!!!!!!!!!!!

[Blurb2350]

And let's not forget what happened to the ShamWow guy, né Vince Shlomi, once his notoriety had begun to fade. He was arrested for a squalid hotel-room fistfight with a (female) prostitute.

[Organic Panic]

AND to help Biden is bringing in millions of invaders and giving tax dollars to house them bringing up the prices even more.

[Texas resident]

home prices are still up 32% under Biden

And mortgage rate is up 155% under Vacation Joe.

Add in higher insurance rates.

FJB.