In Joe Biden’s America:
-There are 582,500 homeless people (2022 figure)
https://www.huduser.gov/portal/sites/default/files/pdf/2022-AHAR-Part-1.pdf
-More than 25% of homeowners are ‘house poor’
https://www.chamberofcommerce.org/cities-with-the-most-house-poor-homeowners/
-Housing costs are at record level of unaffordability
This year’s State of the Nation’s Housing 2023 report from Harvard University’s Joint Center for Housing Studies paints a stark picture of record unaffordability, near-record housing shortages and major barriers to first-time homeownership.
The number of cost-burdened renters reached an all-time high: 21.6 million households (49%)
https://www.habitat.org/costofhome/2023-state-nations-housing-report-lack-affordable-housing
-Utility costs have skyrocketed
https://www.utilitydive.com/news/electricity-prices-inflation-consumer-price-index/640656/
-Food costs have skyrocketed
https://thehill.com/homenews/nexstar_media_wire/3887742-how-expensive-are-groceries-in-2023-these-5-graphs-show-prices-skyrocket/
-Record number of people living in poverty (12.4%!)
https://www.usatoday.com/story/news/nation/2023/09/12/us-poverty-rate-2022-increase/70775443007/
-31% of Americans report a net worth of $0 or less
https://www.creditkarma.com/about/commentary/americans-have-a-net-worth-problem-and-its-not-positive
-Credit card debt in the US is at a record $1.031 trillion
https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/