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.
@QasimRashid woah hang on. This is a fast track to house prices sky-rocketing.
How do I know?
It happened in Australia 30 years ago.
That 25k turns into a 250k loan amount increase, which gets stamped onto every ticket price for every house. Putting the first home buyer further into debt.
Having a govt backed loan scheme is far more sensible, and we have a case study of it working vs not working in the red-lining of last century post ww2.
Qasim Rashid, Esq.
Biggles 20X6!