Abortion funds face financial squeeze 3 years after Roe was overturned
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 25 June 2025
⏱️ 7 minutes
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Summary
This week marks three years since the Supreme Court’s Dobbs decision, which struck down Roe v. Wade and paved the way for tighter abortion restrictions across the country. Now, grassroots abortion funds that help people travel to states where the procedure is legal are facing difficult financial times. We'll hear more. But first: Home-building costs and mortgage rates are still high, and China encourages more international trade during the World Economic Forum's annual conference.
Transcript
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| 0:00.0 | Com markets on this Wednesday. I'm David Brancaccio in Los Angeles. First, we learned this week that the typical price, median, for a used home in the month of May, was approaching $423,000. This is from the National Association of Realtors. Prices aren't rising as fast, but they're still running higher than |
| 0:22.1 | inflation. Today we'll get data on new home sales and prices. Marketplaces Mitchell Hartman has |
| 0:27.5 | more. The median price of a new home in America has held well above $400,000 since late 2024. |
| 0:35.3 | Before the pandemic, prices were in the low $300,000 range. Joe Bursuelas, |
| 0:40.6 | at consulting firm RSM, says with supply shortages, tariffs and worker deportations, building costs |
| 0:47.2 | of sword. Especially construction materials, challenges finding labor to build homes, |
| 0:54.0 | the result in higher prices. |
| 0:57.0 | The supply of homes on the market is gradually rising as more homeowners give up their |
| 1:02.0 | low mortgage rates and decide to sell. But demand is even higher, says Bruce Welles. |
| 1:07.6 | Young people want to buy homes. Right now, the combination of rising prices and higher |
| 1:13.6 | interest rates, serving as an effective barrier to inhibit that. Mortgage rates are hovering around |
| 1:18.9 | 6.8 percent, making the monthly payment prohibitive for many households. And Bruce Welles says |
| 1:25.0 | rates are not likely to fall, given the Fed's policy of holding interest |
| 1:29.2 | rates steady, while global investors shy away from U.S. debt in the face of tariffs and rising deficits. |
| 1:36.3 | The mortgage rate, absent all of these policy-induced disruptions, should be sitting between |
| 1:41.7 | five and a half and six percent. |
| 1:43.7 | But he says rates that low aren't in the cards for the foreseeable future. should be sitting between five and a half and six percent. |
| 1:48.2 | But he says rates that low aren't in the cards for the foreseeable future. |
| 1:50.3 | I'm Mitchell Hartman for Marketplace. |
| 1:55.8 | This week, the World Economic Forum's annual conference in China is going on, |
| 1:57.6 | what's been dubbed Summer Davos, and China is taking the opportunity to encourage other countries to engage more deeply in international trade. |
| 2:04.2 | As President Trump's tariffs pull in the other direction, China's premier Li Chiung, said globalization will not be reversed, |
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