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All Out Law

All Out Law 06.01.24 - Why Is Everything So Expensive?

Good Saturday morning! Here's what Kyle Wyatt covers today:There's a new survey that shows that nearly 80% of Americans now view fast food as a luxury.62% of respondents also said they are eating it less often because prices have gone up.What about the housing market? Real estate agent Freddie Smith said that in 2019, the average home in America cost $260,000 with a 4% interest rate. He said that the monthly payment back then was around $1,700, meaning that an individual that made $60,000 annually could realistically afford a home. That same home today is going for $436,000, but the interest rates are 7.5%. So that monthly payment is jumping to 3,700.Kyle breaks down some Government spending. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Broadcast on:
22 Jun 2024

Good Saturday morning! Here's what Kyle Wyatt covers today:

  • There's a new survey that shows that nearly 80% of Americans now view fast food as a luxury.
  • 62% of respondents also said they are eating it less often because prices have gone up.
  • What about the housing market? Real estate agent Freddie Smith said that in 2019, the average home in America cost $260,000 with a 4% interest rate. He said that the monthly payment back then was around $1,700, meaning that an individual that made $60,000 annually could realistically afford a home. That same home today is going for $436,000, but the interest rates are 7.5%. So that monthly payment is jumping to 3,700.
  • Kyle breaks down some Government spending.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Good Saturday morning! Here's what Kyle Wyatt covers today:There's a new survey that shows that nearly 80% of Americans now view fast food as a luxury.62% of respondents also said they are eating it less often because prices have gone up.What about the housing market? Real estate agent Freddie Smith said that in 2019, the average home in America cost $260,000 with a 4% interest rate. He said that the monthly payment back then was around $1,700, meaning that an individual that made $60,000 annually could realistically afford a home. That same home today is going for $436,000, but the interest rates are 7.5%. So that monthly payment is jumping to 3,700.Kyle breaks down some Government spending. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.