Bidenomics: 27% of Americans Say They Skip Meals Due to Rising Cost of Food
Credit: Motley Fool
27% of Americans say they skip meals due to the rising cost of food.
39% say they skip meals to make house payments.
Unusual Whales reported:
39% of Americans say they’ve skipped meals to make housing payments, per Clever Real Estate survey.
And among millennials, that figure rose to 44%. Among Baby Boomers, it was 20%.
Meanwhile, Housing affordability in the US is near all-time-lows, per $GS.
In November, nationwide, households need six-figure incomes to comfortably afford the typical home for sale, according to a report by Redfin.
Last month, the nation’s home buyers needed to make about $107,000 annually, up from about $74,000 a year earlier,