The surge in housing prices is ubiquitous across the political spectrum, with median payments rising by 95% in red states and 83% in blue states.
In swing states like Arizona, Nevada, and Wisconsin, median payments have spiked by 92%, rendering two-thirds of the listings unaffordable for typical families.
"Rent control is a rare instance where the research is fairly conclusive: It doesn't work," stated National Association of Realtors President Kevin Sears, highlighting concerns about proposed rent increase caps.
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