Impact of Housing and Asset Ownership on Voter Perception

The divide in voter support for Biden can be explained by the differences in housing and asset ownership. Older homeowners and asset owners tend to support Biden, while younger and minority groups lacking wealth are more inclined to be critical. This overlooked aspect plays a crucial role in shaping the divergent views towards Joe Biden, as highlighted by a former senior Treasury Department official reflecting on the challenge of changing voter perceptions amidst economic improvements.