return2ozma@lemmy.world to politics @lemmy.world · 3 months agoHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.comexternal-linkmessage-square113fedilinkarrow-up1391arrow-down115cross-posted to: housingcrisis@lemmy.worldhousing_bubble_2@lemmy.world
arrow-up1376arrow-down1external-linkHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.comreturn2ozma@lemmy.world to politics @lemmy.world · 3 months agomessage-square113fedilinkcross-posted to: housingcrisis@lemmy.worldhousing_bubble_2@lemmy.world
minus-squareAlexWIWA@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·3 months agoMost of the housing price increases are driven by investors, not first time home buyers. This will have its intended effect. Obviously we still have to build, but this is like claiming minimum wage causes inflation.
Most of the housing price increases are driven by investors, not first time home buyers. This will have its intended effect. Obviously we still have to build, but this is like claiming minimum wage causes inflation.