#affordability crisis

#affordability crisis

Days before President Donald Trump was sworn in for his second term, he acknowledged the high prices Americans were seeing at the gas pump and grocery store, pledging to bring them down. "It's always hard to bring down prices when somebody else has screwed something up like [President Joe Biden] did," Trump said in a news conference in early January. "We're going to have prices down. I think you're going to see some pretty drastic price reductions."

"I'm talking about the cost-of-living crisis that's crushing families,"

The Brooklyn Democrat, who has frequently criticized the Democratic Socialists of America (DSA), of which Mamdani is a member, issued a statement Friday afternoon announcing his support of the Mamdani campaign, stating that he deeply respects the will of the primary voters. He cited Mamdani's commitment to addressing the city's affordability crisis as his primary reason for supporting the nominee.

In 2025's first half, 36% of purchases statewide were made by investors up from 31% for all of 2024 and 16% at the recent low in 2020 as coronavirus was scrambling the economy. Or look at the change this way: Investors were tied to an average of 33% of all California homebuying in the past 18 months vs. 21% in 2015-23.

"But I do believe that there is a really significant opportunity here for Democrats to take back the state of Florida - as long as we have a candidate who can relate to everyday people who keeps it focused on the most important pressing issues that affect people every single day in their lives like affordability and public education, and access to true freedoms across the state," Jenkins said.

Home prices surged by more than 50% from early 2020 to mid-2024, creating a housing affordability crisis impacting those without real estate holdings.

Puerto Rico's home prices surged by 11.6% in Q1 2025, indicating economic recovery but straining affordability for local residents amid a historic housing boom.

"Affordability, affordability, affordability. That is the No. 1 issue," Jolly said, highlighting that the high cost of living is his campaign's central theme.

"For 22-year-old Sasha Holguin... it took months to get a job and that was at a coffee shop back in November. When I had just the one job..."

Blake emphasized the importance of addressing the affordability crisis with a rent freeze while supporting small property owners via mechanisms like a vacancy tax.

When it comes to housing, the first 100 days of the second Trump presidency have left Americans wanting more.