US Presidential Election: Why the real estate crisis threatens Trump re-election

Americans will go to the polls to elect a new president on Tuesday at one of the most difficult times in modern U.S. history. But the biggest of all the problems is the inability of the economy to recover from the Great Recession after the 1929 crash. About 30 to 40 million American tenants are at risk of eviction as the pandemic has created armies of the unemployed. 32% of the country’s households are threatened with eviction or confiscation. Meanwhile, more than 30% of adults find it difficult to cover household expenses, while 10% face food shortages. The economy remains the category in which Donald Trump performs best in opinion polls. But in the last six months since the pandemic began, support for its economic policies has begun to wane. In a recent Financial Times poll, the number of people who said the White House’s policies hit the economy was higher. by those who believe otherwise. The FT visited Philadelphia, the largest city in one of the key states for the outcome of the election, and spoke with tenants, tenants, university professors and members of Congress about the housing market and its financial impact. and small and medium-sized businesses are the backbone of the US real estate market. For these people, even a month without income can be disastrous. See the Financial Times report: Follow it on Google News and be the first to know all the news See all the latest News from Greece and the World, at

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