The share of U.S. homes worth $1 million or more has hit an all-time high as a shortage of housing inventory continues to drive prices upwards, the Wall Street Journal reported.
Roughly 8.5% of U.S. homes are now worth $1 million or more, up from 7.6% a year ago and 4% prior to the COVID-19 pandemic, an analysis from real estate brokerage Redfin provided to the WSJ found. Median U.S. home sale price rose to a record $442,525 in June, while the median price for luxury homes — defined as the top 5% of listings — reached a record $1.18 million in the second quarter, according to Redfin.
Home prices have skyrocketed as many Americans are unwilling to list their homes and give up the ultra-low mortgage rates they secured prior to the Federal Reserve’s 2022-2023 interest rate hikes, in turn constraining housing inventory. The U.S. had a shortage of 4 to 7 million homes as of November 2023, according to an estimate from The Pew Charitable Trusts.
The average 30-year fixed-rate mortgage sat at 6.49% Thursday, well above when President Joe Biden took office and the rate was under 3%, according to the Federal Reserve Bank of St. Louis. […]
– Read More: dailycallernewsfoundation.org
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
