Peter St Onge Podcast Ep 153 Weekly Roundup: Voters Losing Patience with Inflation
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Jan 2, 2026 Voters are growing increasingly frustrated with persistent inflation and the implications of poor policy decisions. Rent prices have plummeted, hitting their lowest in 15 years due to rising vacancies. A significant climate study has been retracted, raising questions about scientific integrity and funding. The podcast also highlights a surprising 4.3% GDP growth driven by consumer spending and exports, with potential for continued growth into 2026. Finally, it explores the looming risks associated with the dollar's reserve status.
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Voters Want Prices To Fall Not Just Slow
- Voters expect falling prices, not just slower inflation, and are losing patience with mere improvements over Biden-era peaks.
- Peter St Onge argues Trump should blame Congress for spending and regulation rather than call inflation a "con job."
Rents Drop As Vacancies Climb
- Rental vacancy rose to about 7% and median rent fell to $1,367 nationwide, the largest drop in 15 years.
- Peter St Onge attributes declines to deportations freeing entry-level units and a surge in new multifamily construction.
Young Adults Return Home In Large Numbers
- Young adults are moving back in with parents at Great Depression-like levels, with over half of 18–29s living at home.
- This trend interacts with rental supply changes and affects labor and housing markets, per Peter St Onge.