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re: Harris to Propose providing 25k to new homeowners to help with down payment
Posted on 8/15/24 at 5:56 pm to BuckI
Posted on 8/15/24 at 5:56 pm to BuckI
quote:
This could be the shot in the arm first-time home buyers need. I am curious how they will pay for it but hopefully, both sides can work this out.
Not really
This would just drive up home prices. They'd pay a lot more than $25K in interest to they are anywhere close to owning a home outright.
1
Posted on 8/15/24 at 5:56 pm to HailHailtoMichigan!
Where does she plan on getting the money
Posted on 8/15/24 at 5:57 pm to Big Jim Slade
quote:
I’m gonna ban homework and tests and extend recess if you vote for me for Student Council President.
This is a joke, but that is EXACTLY this woman’s mentality.
Posted on 8/15/24 at 5:58 pm to Revelator
quote:
Where does she plan on getting the money
The funding isn't what makes this a bad idea
What it would do to already astronomically high housing prices is what makes it a bad idea
Posted on 8/15/24 at 5:59 pm to HailHailtoMichigan!
quote:
Harris to Propose
Posted on 8/15/24 at 5:59 pm to Smeg
quote:
Consistently the stupidest motherfricker on this board.
100%
Posted on 8/15/24 at 5:59 pm to 1801
BTW a reminder...
This would apply to more people than literal first time homebuyers
Hell it would apply to me but I still think it's a terrible idea.
quote:
The IRS defines a first-time homebuyer as someone who has not owned a primary residence for three years before purchasing a new one.
This would apply to more people than literal first time homebuyers
Hell it would apply to me but I still think it's a terrible idea.
Posted on 8/15/24 at 6:00 pm to Powerman
quote:
The funding isn't what makes this a bad idea
What it would do to already astronomically high housing prices is what makes it a bad idea
Actually, BOTH of these things make it a bad idea.
Posted on 8/15/24 at 6:00 pm to HailHailtoMichigan!
Something like this was already in Biden's re-election platform, IIRC.
Posted on 8/15/24 at 6:00 pm to HailHailtoMichigan!
This is how you know she’s behind in the internals.
Posted on 8/15/24 at 6:00 pm to Godfather1
quote:
Actually, BOTH of these things make it a bad idea.
Sure...but the latter being the more ridiculous of the 2.
Funding such a program would be a rounding error in the budget
Posted on 8/15/24 at 6:01 pm to HailHailtoMichigan!
Oh, and before I forget:
"And then, just like that, for no particular reason, the price of houses went up $25k all over the country."
"And then, just like that, for no particular reason, the price of houses went up $25k all over the country."
Posted on 8/15/24 at 6:01 pm to Powerman
You vote for this
Posted on 8/15/24 at 6:01 pm to Powerman
quote:
Funding such a program would be a rounding error in the budget
And STILL money we don’t have.
Posted on 8/15/24 at 6:01 pm to HailHailtoMichigan!
This will help with housing prices.
This is idiocracy.
This is idiocracy.
Posted on 8/15/24 at 6:02 pm to HailHailtoMichigan!
Classic Democrat playbook. Offer all kind of free shite. Who gives a frick who has to pay the bill.
Posted on 8/15/24 at 6:03 pm to HailHailtoMichigan!
Bribery. Real nice. By the way, how does she think 25k for everyone will affect inflation? Aren't home prices already too high?
I guess one might also want to know where is the money coming from? Hahahahahahahahahahahahaha
I guess one might also want to know where is the money coming from? Hahahahahahahahahahahahaha
Posted on 8/15/24 at 6:04 pm to Auburn1968
Higher value of house also means higher insurance and real estate taxes. Try up 35,000.00.
Posted on 8/15/24 at 6:04 pm to Earnest_P
quote:
This will help with housing prices.
This is idiocracy.
It’s the fricking student loan debacle redux.
What happened to the price of a college education once the government got involved in student loans?
What eventually HAPPENED when people couldn’t pay back those loans?
This has the potential to be THAT on steroids.
Posted on 8/15/24 at 6:04 pm to HailHailtoMichigan!
Can I get 25k after the fact? I had to buy a home during a shite housing market under her administration
This post was edited on 8/15/24 at 6:05 pm
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