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Too many are living paycheck to paycheck

Rising Costs of Living

Across the nation, families are feeling the squeeze. The cost of everyday necessities such as groceries, gasoline, housing, and healthcare is rising faster than wages, leaving many struggling to make ends meet. It's impacting the ability of hardworking Americans to provide for their families, pursue their dreams, and maintain a reasonable standard of living. The cumulative effect of these increases has created a significant burden on households.

Reports have 57-65% of Americans as living paycheck to paycheck.

Home prices in SWVA have been rising, especially along the I-81 corridor, making it harder for some long-time residents to afford homes. Rent increases are also contributing to the problem, with some renters seeing significant jumps in their monthly payments.

Many families have to spend a significant portion of their income on their energy or power bill.

Many counties of the 9th have had massive rent increases over the last decade. From 2011 (Morgan’s first year in office) to 2021, rent alone was up around 30-40% in many counties, over the Virginia average of 24%. Since 2021, there have been only been more increases to cost of renting due to COVID and inflation. Since 2010, housing costs have increased nearly 50%.

Income is fixed for many; they cannot handle these constant price hikes. Poverty is a cycle that is passed down to the next generation & is near impossible to break from. We need to break the cycle & give everyone a leg up for financial success for themselves, their children & their grandchildren. We will also seek to reduce corporations from buying residential property and help enact zoning laws that seek to place families and residents first over corporations.