Nevada's hot housing market weighs on US presidential election
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Brittnie Aguirre, a 29-year-old from Reno, Nevada, struggles with rising housing costs, reflecting broader economic challenges for middle-class Americans; her family's post-tax annual income is $71,000, with $3,000 monthly mortgage payments; Nevada's housing market is pivotal in the upcoming presidential election, with Biden winning by 33,000 votes in 2020; Kamala Harris and Donald Trump are key candidates; Reno's population has doubled since 1990, driven by tech workers relocating from California; average home price in Washoe County is $550,000, double from a decade ago; interest rates are near 20-year highs, impacting affordability; median age of first-time buyers in the US reached 36 in 2022; economic conditions may sway voters back to Harris as Election Day approaches.
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https://www.nst.com.my/property/2024/08/1097432/nevadas-hot-housing-market-weighs-us-presidential-election