return2ozma@lemmy.world to Housing Crisis@lemmy.worldEnglish · 1 month agoHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.comexternal-linkmessage-square17fedilinkarrow-up136arrow-down15cross-posted to: housing_bubble_2@lemmy.worldpolitics@lemmy.world
arrow-up131arrow-down1external-linkHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.comreturn2ozma@lemmy.world to Housing Crisis@lemmy.worldEnglish · 1 month agomessage-square17fedilinkcross-posted to: housing_bubble_2@lemmy.worldpolitics@lemmy.world
minus-squareShiggles@sh.itjust.workslinkfedilinkEnglisharrow-up3arrow-down3·1 month agoSo it increases the cost for corporations to buy houses. Even if what you were describing was how markets worked(it isn’t), it’s still helping.
minus-squarewinkerjadams@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-21 month agoOr anyone looking to move, upsize, downsize, etc since it is only for first time buyers. Why can’t we just prevent corps from doing it in the first place instead of making them pay a miniscule (for them) fee?
minus-squareShiggles@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down3·1 month agoExcept that per your logic, all homes are now magically valued exactly $25k more, so once you own a home you have the extra equity to afford it.
minus-squareDangedIfYouDid@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down2·1 month agoYou are quite naive.
So it increases the cost for corporations to buy houses. Even if what you were describing was how markets worked(it isn’t), it’s still helping.
Or anyone looking to move, upsize, downsize, etc since it is only for first time buyers. Why can’t we just prevent corps from doing it in the first place instead of making them pay a miniscule (for them) fee?
Except that per your logic, all homes are now magically valued exactly $25k more, so once you own a home you have the extra equity to afford it.
You are quite naive.
Damn bro, when?