How will the housing crisis impact the races this fall?

[sg0508]

It's brewing and we know it.  In FL, rents are out of control with no cap. The same seems to be happening all over the place and real estate is just simply unaffordable. Now, with interest rates rising, buying a home is going to get more difficult and prices are simply outrageous to begin with. So, renting and buying is almost unaffordable now.  Inflation is unlikely to resolve itself by November and a recession seems likely.  Yikes.

The housing crisis though could be very, very serious, leading to more social unrest, crime and who knows what else?  Could people just simply stop paying their rents and walk away? Where do they go? Would another moratorium be put in place? What about mortgage defaults if the economy really goes south in a hurry?

How do we feel all of this, a major issue inside a shaky economy and where 60% + of Americans are paycheck to paycheck plays out this year?

[SnowLabrador]

It won't help Democrats, that's for sure.

[ultraviolet]

It won't help Democrats, that's for sure.

Mfw something happens

[Unelectable Bystander]

It's brewing and we know it.  In FL, rents are out of control with no cap. The same seems to be happening all over the place and real estate is just simply unaffordable. Now, with interest rates rising, buying a home is going to get more difficult and prices are simply outrageous to begin with. So, renting and buying is almost unaffordable now.  Inflation is unlikely to resolve itself by November and a recession seems likely.  Yikes.

The housing crisis though could be very, very serious, leading to more social unrest, crime and who knows what else?  Could people just simply stop paying their rents and walk away? Where do they go? Would another moratorium be put in place? What about mortgage defaults if the economy really goes south in a hurry?

How do we feel all of this, a major issue inside a shaky economy and where 60% + of Americans are paycheck to paycheck plays out this year?

If any of the following happens it will just be a bigger red tsunami

[Chips]

It's brewing and we know it.  In FL, rents are out of control with no cap. The same seems to be happening all over the place and real estate is just simply unaffordable. Now, with interest rates rising, buying a home is going to get more difficult and prices are simply outrageous to begin with. So, renting and buying is almost unaffordable now.  Inflation is unlikely to resolve itself by November and a recession seems likely.  Yikes.

The housing crisis though could be very, very serious, leading to more social unrest, crime and who knows what else?  Could people just simply stop paying their rents and walk away? Where do they go? Would another moratorium be put in place? What about mortgage defaults if the economy really goes south in a hurry?

How do we feel all of this, a major issue inside a shaky economy and where 60% + of Americans are paycheck to paycheck plays out this year?

Well, if things somehow get as bad as 2008 it's would likely get really ugly for Democrats real fast, Senate seats like NH would be in real doubt and CO and WA could become way closer than expected. There could actually be a +30 for the GOP in the House as well. Governor races are less certain. Ironically, in FL it might hurt DeSantis (though probably not enough for him to lose) but it may well hurt the Democrats in other states.

[Unelectable Bystander]

It's brewing and we know it.  In FL, rents are out of control with no cap. The same seems to be happening all over the place and real estate is just simply unaffordable. Now, with interest rates rising, buying a home is going to get more difficult and prices are simply outrageous to begin with. So, renting and buying is almost unaffordable now.  Inflation is unlikely to resolve itself by November and a recession seems likely.  Yikes.

The housing crisis though could be very, very serious, leading to more social unrest, crime and who knows what else?  Could people just simply stop paying their rents and walk away? Where do they go? Would another moratorium be put in place? What about mortgage defaults if the economy really goes south in a hurry?

How do we feel all of this, a major issue inside a shaky economy and where 60% + of Americans are paycheck to paycheck plays out this year?

Well, if things somehow get as bad as 2008 it's would likely get really ugly for Democrats real fast, Senate seats like NH would be in real doubt and CO and WA could become way closer than expected. There could actually be a +30 for the GOP in the House as well. Governor races are less certain. Ironically, in FL it might hurt DeSantis (though probably not enough for him to lose) but it may well hurt the Democrats in other states.

This is literally what the environment currently is. The last NH poll was a tie, and the last WA/CO polls were mid single digit leads. A 2008 style recession would be an utter wipeout like 2008, but even worse since it’s a midterm

[Senator Incitatus]

It won't help Democrats, that's for sure.

It may significantly hamper GOTV efforts if a large number of Democratic voters are displaced.

[SnowLabrador]

It won't help Democrats, that's for sure.

It may significantly hamper GOTV efforts if a large number of Democratic voters are displaced.

I didn't even think about that, but you're right.

[Respect and Compassion]

It won't help Democrats, that's for sure.

It may significantly hamper GOTV efforts if a large number of Democratic voters are displaced.

I didn't even think about that, but you're right.

We're going to have a hard time this year, probably worse than 2010&2014. I know some people here say that we'll at least do better than in those years because of polarization, but the conditions feel just too severe, and something tells me that voters aren't *that* partisan yet.