Senator Warner links rising US housing costs to Iran war
Senate Intelligence Committee chair Mark Warner said on Friday that Americans are increasingly feeling the economic impact of the conflict with Iran through rising housing and borrowing costs.
“From gas prices to home costs, Trump’s war of choice is making it harder and harder to afford the life you want,” Warner wrote in a post on X.
The Virginia Democrat shared a New York Times article examining how the Iran war and resulting rise in Treasury yields have pushed mortgage rates higher, adding pressure to an already strained US housing market.
