JD Vance, Tim Walz debate on housing crisis

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During Tuesday's vice presidential debate, CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance about the housing crisis. Walz touted Kamala Harris' proposals to invest in affordable housing and Vance discussed Donald Trump's proposal to seize federal lands to build homes.

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I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

austinbar
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Loved how JD Vance called them out for trying to fact check

Weetz
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That was a good old fashioned debate. I’m proud of both of them for not going over the edge!

rt-
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Moderators were biased, but Vance outsmarted them

dooneygirl
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Vance crushed it. Walz did as good as he could but Vance is on another level. I wish he was the Presidential candidate.

hatchershits
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JD VANCE WON THE DEBATE...VERY POLITE AND GOOD INFO...

olagamartinez
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When I think of a house....I own it...not my community.

glennt
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Anyone that believes Tampon Timmy won this debate are delusional lol

DeVineFate
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How can people not understand that ingcreased migrants plays into supply and demand.

MioJuventino
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Hey CBS, did you like getting called out for lying that you weren’t going to be fact checking? 😂

Riclmnopp
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It's 3 against 1 as usual and Vance is still mopping the floor with Walz big time!

donnybrooks
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What's makes food, home and rent prices high is not the US Government. It is corporate greed. The government does not regulate food, housing and rent prices. The people who owns it does

michelejones
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CBS lying and fact checked by Vance, so good! 😃

evoathlete
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In 2016 I bought a 2, 100sqft home for 289, 000, it was two years old. My payments were $1, 650. A family tragedy happened and I needed to sell the home in order to pay off the medical debt that insurance didn’t cover. I made about $15, 000 on it.

We are looking at getting another home, but the average home price in my county is $600, 000. I can’t find a home for less than 400k, even if I did, those houses are either dilapidated or 900sqft. Groceries and gas are tripled, I know I’m being price gouged in the name of inflation. Medical is a joke, I would use my VA benefits, but that even more of a joke because all they want to do is make it so impossible that you’ll just quit the process. Waltz doesn’t really have a clue how hard it is on us. I’m 51 and I know for a fact I’ll be working into my very late 70’s… well if the price of medical keeps going like it is… I might end up dying earlier.

michaelbosisto
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Walz: “now here in MN we don’t have a lot of federal land, because most of it is rocks and cows”

lampshady
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We should swap the Vp and president selections

rabidfox
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Vance❤❤❤❤❤you did good job❤❤❤❤❤❤❤❤❤❤❤🎉

gracehan
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Tim needs to work on his poker face😂😂😂. I was so nervous watching him think😂

TheRealCantaraBella
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Bankruptcy Rates: Ohio vs. Minnesota

Ohio: Ohio tends to have a higher bankruptcy filing rate per capita compared to the national average. In recent years, Ohio has seen around 3 to 4 bankruptcies per 1, 000 people, depending on the year and economic conditions. Ohio's larger population and economic structure, including significant manufacturing sectors, contribute to these figures.

Minnesota: Minnesota consistently has one of the lower bankruptcy rates in the United States. It averages around 1 to 2 bankruptcies per 1, 000 people. This is lower than both Ohio and the national average, reflecting Minnesota's relatively strong economic performance and lower levels of consumer debt.


Factors Contributing to Differences:

Ohio: Economic challenges in industrial sectors, particularly in manufacturing, and regional economic disparities contribute to higher bankruptcy rates. Additionally, Ohio’s larger population (about 11.8 million) influences its overall number of filings.

Minnesota: With a population of around 5.7 million, Minnesota’s lower bankruptcy rates may be attributed to stronger financial health, higher household incomes, and a relatively diversified economy focused on sectors like healthcare and technology.

MrJEGonzales
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4 million homes short. 20 million illegal invaders.
Hmmm 😮

brianroberts