Qasim Rashid, Esq.Aug 16, 2024

Kamala Harris is proposing $25K to first time homebuyers.

When my wife & I bought our first home we scrapped together every penny for years! And now Harris just wants to give people $25K? Seriously?

Well, all I can say is that I am 100% on board! This isn't complicated folks. Let's stop making people needlessly suffer. Let's meaningfully invest in working people. And let's elevate the American dream.

Show threadJW

@QasimRashid
Look at other countries, giving money to first home buyers increases prices and so benefits existing home owners.

The proven solution is to simply build more housing. This also benefits workers by increasing demand on labour.

It's essentially economics 101, supply and demand impacts on prices.

Aug 16, 2024 at 10:10pmWeb
Show threadGregAug 17, 2024
@jwi @QasimRashid Exactly what happened in my country. First home buyers grants introduced, all property went up by exactly that amount overnight.