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.
“If you have some money, the state will give you more money” how about we just give everyone $25,000
It’s definitely not homebuilders extracting extortionary rents from people
@HeavenlyPossum
That is why it's first home buyers...
Unless you're renting the place while living in your patents basement
Right—it is a hand-out to people who already have access to cash or credit.
@HeavenlyPossum Yep, but not corporate land lords, or folks who have other houses...
there's not any point in giving $25k for a house to someone who can't get a loan - 'cause it's not going to have the impact the housing market the legislation is for
I mean, give them $25k from another program, sure, but if it's a thing to tweak the housing market it has to actually go into the housing market to work, right?
like, folks who can't get the loan need socialised housing not a reduced mortgage
My point is merely that when the state seeks to redistribute resources, it tends to do so to people who already have resources, not to people who need them the most.
Subsidizing rather than socializing home ownership or, best, dissolving enclosure, is simply the state doing what the state does, even when couched as “liberal” policy.
@HeavenlyPossum Exactly. Kinda odd that the state never asks for that money back, or issues it as a loan/bond.
Might be nice if you could apply for a mortgage and ask the state to socialise the house
Qasim Rashid, Esq.
HeavenlyPossum
🇵🇸 Álvaro González
EndlessMason