Shelter costs have continued to rise in the US. Recent data provided by Redfin shows that the national average increased by 11% YoY this August. Costs are expected to decline as people simply cannot afford to pay more. Additionally, the supply is expected to increase as there are around a million rental units under construction. Yet, construction has been slow due to supply chain shortages mixed and inflation.
Some areas experienced a larger increase in rental costs. Cincinnati, Ohio, saw prices rise by 26%; Pittsburgh, Pennsylvania, rose 22%; Indianapolis, Indiana, rose 21%; Nashville, Tennessee, rose 20%. Rental pricing in areas of New York and New Jersey saw 18% increases.
Not all finger-pointing can go to the landlords as they are struggling to survive this inflation too. Maintenance and utilities have gone up in price. Property taxes continue to increase, as does insurance. The increased value of properties has become a double-edged sword for many landlords. Landlords lost money during the rent and eviction moratoriums and are making up for it now. So many tenants fled and never paid back rent. The government created this problem.
Countless landlords are turning to Air B&B and other short-term ventures. Landlords are forced to raise prices to make a profit, but at any moment, the government can put another moratorium in place and leave landlords high and dry. The government must address outrageous property taxes and encourage, if not incentivize, builders. If costs continue to rise, then we will see a rise in homelessness across the nation as the average person can no longer afford shelter.
Tucker Carlson accurately outlined the most likely suspect of the sabotage against Russia’s Nord Stream I and II pipeline today. When you consider the media blitz by Joe Biden’s National Security Advisor, Jake Sullivan, last weekend (ABC, CNN, NBC and CBS); specifically pointing out the U.S. position against Russia; it is almost a certainty that U.S. action was behind the underwater detonation of explosives to take out Nord Stream pipeline system. WATCH:
.
New York State Supreme Court Judge Lyle Frank ruled that it was unconstitutional to fire police officers for refusing the COVID vaccine. The Police Benevolent Association (PBA) sued the state of New York and won – all police officers who were fired for refusing the vaccine will be rehired.
The PBA represents 50,000 retired and active police officers in the NYPD. Disgraced former mayor Bill de Blasio imposed the vaccine mandate at a time when 68% of the force was unvaccinated. Mayor Eric Adams was no better as he fired nearly 1,500 city workers over failure to comply. That includes workers in short supply such as school teachers. Adams intends to keep the requirement in place for public workers, but organizations are fighting back.
“This decision confirms what we have said from the start: the vaccine mandate was an improper infringement on our members’ right to make personal medical decisions in consultation with their own health care professionals,” PBA President Patrick Lynch said in a statement. “We will continue to fight to protect those rights.” Others now want the same protections. “It’s a double standard to not apply the same to our cops, firefighters, teachers and sanitation workers,” Republican Rep. Nicole Malliotakis stated, citing that Biden himself said the pandemic was over.
Private sector employees in New York are free from vaccine mandates. Children may now attend school without the useless vaccine. It is only a matter of time before the public sector follows as the government has milked the COVID cow dry.
Arizona Governor Candidate Kari Lake is exceptional, bold and grounded to the reality of the challenge at hand. Hopefully Arizona voters will see the value of her truth telling amid this era of great pretense and deceit. {Direct Rumble Link}
Tonight Mrs. Lake appeared on Tucker Carlson to note the challenge we face and the confrontation that must take place. WATCH:
.
“You will not fear the terror of night, nor the arrow that flies by day, nor the pestilence that stalks in the darkness, nor the plague that destroys at midday.
A thousand may fall at your side, ten thousand at your right hand, but it will not come near you.” [Psalm – 91]
The National Energy Assistance Directors Association (NEADA) is estimating it will cost Wisconsin residents more than $1,200 to heat an average home this winter, an increase of more than 17% compared to last winter. [Data Link Here]
Roughly 50% of Wisconsin residents use natural gas for home heating. Natural Gas heating costs are increasing 34% this year (vs last winter, 2021). That’s also a 66.1% increase over the winter of 2020.
Many people believe the people who are in charge of the economic policies destroying the middle-class have no idea how the Main Street economy actually works. I disagree, I believe they know exactly what they are doing and why they are doing it.
From one perspective, inflation is a statistic that comes from a bureaucratic system quantifying prices. They have no concept of how policy-driven price increases hurt consumers or working-class families. Everything in their sphere is academic and esoteric.
However, that said, those who have designed policy know there are benefits to inflation, like lowering economic activity that supports their lowered energy production policies. Inflation also helps them pay their way out of the spending they create that drives the inflation. Make money worth less and debt is lessened, or so the theory is told.
Joe Biden made remarks today that “inflation” as he looks at it, is defined as the amount of money in a paycheck. WATCH:
.
Crime has been rampant across America over the last two years. The economic downturn hurt low-income communities the most, and some are turning to crime for quick money. The borders are open, and anyone can enter America from the south. Laws have been repealed to permit an assortment of crimes, sweetheart deals for violent offenders are common, and nearly every city has reported a sharp uptick in crime under the Biden Administration.
The Trafalgar Group conducted a study to ask Americans if they feel safe in the land of the free. An alarming 67.9% reported that they no longer feel safe in America compared to two years ago under the Trump Administration. Even 44.9% of Democrats admitted that they no longer feel safe, while 86.8% of Republicans cited fears.
Murders increased by 6% in 2021 across the nation but spiked 30% from 2019 to 2020. New Orleans, Louisiana, surpassed St. Louis as the murder capital of America with 52 homicides per 100,000 residents. Overall crime in New York City rose 37% this year alone – grand larceny is up 49%, auto theft rose 46.2%, robberies are up 39.2%, and assaults increased 18.6%. Crime in Chicago makes NYC look like Disneyland. Murders in Chicago are 5X higher than NYC and 2.5X higher than LA. Crime in Lightfoot’s Chicago rose 37% from 2021, and the police cannot do anything to help due to the law. Carjackings occur every five hours in that city. Homicides in Philadelphia reached a record high of 562 in 2021 and are on track to surpass that level in 2022. The full data for 2022 is not available, but crime is up everywhere you look.
Our Supreme Court cannot define “women,” but violence against the XX community is atrocious. One in five American women has been the victim of a rape or attempted rape. Around 43.6% of American women will experience sexual violence, and these figures are notoriously underreported.
I hope the 67.9% of Americans who no longer feel safe remember that when voting this November. The Democrats want to focus on guns, mainly taking them away from law-abiding citizens afraid of the rise in crime. There is no plan under the Biden Administration to curtail your chances of becoming a crime victim.
Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were steadily rising from 2020 until recently after mortgage rates rose and many were simply priced out of the market. The supply chain shortages continue to present a problem for builders. Investors with cash were able to outbid other buyers, and houses lasted less than a week on the market before being sold for above asking. Clearly, this is unsustainable in the long term.
The great American dream of owning a home with a white picket fence sharply rose during World War II thanks to suburbs expanding and the GI bill that assisted service members in purchasing real estate. Homeownership during this time jumped to 65% from the Great Depression period. Surprisingly, home ownership actually increased during the Great Depression as well by 3.7% to 4%. Mind you, cultural dynamics were different back then. Women could not even open their own bank accounts. Living at home was common until marriage for both men and women, multi-family homes were more common, and people simply lived with less. The playing field is completely different today.
In 2021, the real estate industry accounted for 17% of GDP in the US. Investors, landlords, and house flippers did well during this housing boom, naturally. The average American suffered as rental prices are in line with monthly mortgage payments, but obtaining a house remains difficult for the middle class. Those with fixed low rates are not likely to sell. Shelter composes the majority of our household expenses, and countless people who did purchase at the height feel house rich but cash poor. The Fed is focusing on the demand side since it cannot control supply.
A new report by the Heritage Foundation claims that the average American had lost over $4,200 in annual income since Biden was sworn in due to rate hikes and inflation. They clearly are not factoring in retirement accounts or other investments, as most have lost substantially more.
Consumer prices are up 12.7% since January 2021, equating to each American losing $3,000 in purchasing power. The foundation estimates that the higher cost of borrowing has cost Americans another $1,200 annually. Mortgages have doubled, consumer debt is rising, and every area of life costs substantially more.
EJ Antoni of the foundation points out that Biden failed to act as inflation began to rise and pushed Congress to continue spending. The Fed miscalculated the situation and called the situation “transitory” while allowing the printing press to roll. Both Biden and the Fed attempted to dismiss inflation to avoid responsibility. Antoni stated:
“This financial catastrophe for American families is the direct result of a president and Congress addicted to spending our money, combined with a Federal Reserve compliantly enabling this addiction by printing more dollars. Washington recklessly spent trillions of dollars it did not have and paid for it with newly printed money, causing rampant inflation that has destroyed people’s purchasing power and jeopardized Americans’ financial futures.”
All gains under the Trump era have been erased in less than two years. Biden began paying people to sit at home and not work when he took office. Thousands were forced to leave their jobs due to COVID mandates. When people went back to work, the current administration led the public to believe that they were doing well due to higher wages, when in reality, inflation consumed any gains.
Biden eliminated America’s energy independence and created an energy crisis domestically that did not previously exist. Biden put America in direct confrontation with Russia and continues to funnel billions through Ukraine when some American cities do not even have clean drinking water. The $4,200 estimate is extremely low, considering that major US indexes are significantly down. Simply put, we are all worse off under the Biden Administration.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
De Oppresso Liber
A group of Americans united by our commitment to Freedom, Constitutional Governance, and Civic Duty.
Share the truth at whatever cost.
De Oppresso Liber
Uncensored updates on world events, economics, the environment and medicine
De Oppresso Liber
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Australia's Front Line | Since 2011
See what War is like and how it affects our Warriors
Nwo News, End Time, Deep State, World News, No Fake News
De Oppresso Liber
Politics | Talk | Opinion - Contact Info: stellasplace@wowway.com
Exposition and Encouragement
The Physician Wellness Movement and Illegitimate Authority: The Need for Revolt and Reconstruction
Real Estate Lending
Centinel2012 