St. Timothy Catholic Church in Mesa | Provided Photo
St. Timothy Catholic Church in Mesa | Provided Photo
James Sandoval, a Mesa resident and member of the St. Timothy parish, said if elected, President Donald Trump "will improve the economy" as he did during his first administration, but a Harris administration would "continue to cause high inflation."
"Trump will improve the economy, reduce inflation, and make living costs better for the average American," Sandoval said. “It has affected me in that now is not a good time to sell my house to get into another house with the same low interest rate.”
“The Harris administration will continue to cause high inflation with their policies, which keeps the rate from going down," he said. "Trump will improve the economy, just like he did when he was president.”
Housing prices have risen 47.1% since January 2020 affecting Americans across the country.
Not only have homes become more expensive, but the supply of housing has also dropped 34.3% since before the pandemic.
Higher mortgages and elevated interest rates also make homeowners less likely to sell their houses, further creating a deficit in the market.
As mortgages increased, so has rent for many Americans who cannot afford a house yet. Rent has increased 22.25% since March of 2020.
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