Midwesterners are frustrated with high housing taxes and the cost of living under the Biden administration, stressing that their money was stretched even further when former President Donald Trump was in office, according to The Wall Street Journal.
Milwaukee-area residents used to consider the swing state an affordable place to live, but with costs soaring under President Joe Biden, many have struggled to make ends meet. seconds in the WSJ. Vice President Kamala Harris may be a new face at the top of the ticket, but the vast majority of voters believe her economic policies will be a continuation of Biden's. seconds in the latest Harvard Harris poll from July 30.
“My dollar went further when Trump was president,” Dawn Horne, a 39-year-old small business owner and mother of five, told the WSJ. “I don't know what to expect from Kamala.”
“I always thought we were a more reasonable place to live,” Kayla Lange, 24, told the WSJ. “It got out of control and I blame those responsible.”
The median cost of homes increased from an average of $371,000 in 2020 to over $500,000 in 2024. seconds to data from the Federal Reserve Bank of St. Louis (FRED). The average price of daily necessities like gas has also increased, costing an average of $1.88 in April 2020 and now up to an average of $3.60 in June. seconds at the Bureau of Labor Statistics.
Last year, average sales prices rose 8% in Wisconsin, seconds on Redfin. That's the largest home price jump in the seven battleground states and double the U.S. average, the WSJ reported.
“People vote based on their sense of how they're doing economically and the degree to which they feel they have opportunities in their lives is closely tied to their housing,” said David Dworkin, president of the National Housing Conference. WSJ.
Although Biden has passed the torch to presumptive nominee Harris, 67 percent of voters believe his presidency would simply be a continuation of the current administration, according to the latest Harvard/Harris poll. Only a third of voters believe he will actually change direction on “taxes, inflation, immigration and energy.”
“A few years ago, it was very realistic to afford to buy something while making $50,000,” John Johnson, a researcher at Marquette University Law School, told the WSJ. “Not anymore.”
“When Trump was still president if we did what we're doing now, we would be ready,” said Nahona Moore, 28, a lifelong Democrat.
There was a shortage of four to seven million households in November 2023, seconds according to an estimate by The Pew Charitable Trusts. The shortage grew by 200,000 between 2021 and 2022, according to a estimation from Zillow.
“We were frustrated with the situation and having to spend so much time and not find what we were looking for,” Fernanda Speranza, 48, who works in customer service, told the Journal. “It shouldn't be that hard when we have two good incomes.”
The White House press office, the Biden campaign and the Harris campaign did not immediately respond to a request for comment from the Daily Caller News Foundation.
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