President Joe Biden’s mild-mannered media cronies are hiding the proof of his massive migration tax on young Americans’ housing costs.
The Washington Post reported on May 28 that “soaring rents and home prices may be pivotal in the 2024 election,” citing “a shortage of housing, inflation, and high interest rates squeezing renters around the country and pricing out potential home buyers.”
On May 27, the New York Times ran a headline that was ambiguous and read, “America’s Affordable Housing Crisis,” which reiterated the don’t blame Biden’s migration theme.
“President Biden is concerned about the expense of housing… Rent and house prices are a problem for tens of millions of people in both blue and red states. The protracted housing scarcity is the cause.”
However, top bankers, tax collectors, and business periodicals freely acknowledge the following: immigration increases housing demand, accelerates inflation, and drives up interest rates, making it more difficult for Americans to buy or rent a home.
On May 29, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, stated to the British publication The Telegraph:
“In the US, we underbuilt homes for more than ten years following the Great Financial Crisis.” Thus, the number of dwellings is limited. After COVID, there was also a rise in the demand for houses. After that, there has been a significant increase in immigration in recent years. It is evident that they require housing.”
Mark Krikorian, director of the Center for Immigration Studies, stated that the reporters’ cover-up is not shocking, adding:
It seems like a forbidden subject. I’ve witnessed them fabricate ludicrous justifications to avoid holding Biden responsible for the border crisis he initiated. For instance, they attribute the poor harvests to climate change. They frequently use excuses to avoid discussing the underlying causes of the issue, fearing that doing so would reveal their support for the Republican Party.
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