Tiberius Posted August 18 Share Posted August 18 Interesting idea, that will cause some problems, but seems like a good idea. Good: Home ownership increases a person sense of community. People do not litter in a neighborhood they own a home in. Crime goes down, people just feel connected. It helps increase generational wealth Thoughts? 2 Link to comment Share on other sites More sharing options...
PetermansRedemption Posted August 18 Share Posted August 18 I like it, good idea, but I’m not sure right now would be the time to implement it. Have to spur construction for a while first or you’re just going to add fuel to an already overheating housing market. Especially on the starter home end, the market is fierce. Link to comment Share on other sites More sharing options...
BillsFanNC Posted August 18 Share Posted August 18 It's all FRREEEEEEEE! More free stuff from your loving government masters. 1 1 2 Link to comment Share on other sites More sharing options...
Doc Posted August 18 Share Posted August 18 It's a dumb idea. As has been said, home prices will just increase $25K. 1 1 3 Link to comment Share on other sites More sharing options...
Tiberius Posted August 18 Author Share Posted August 18 2 minutes ago, Doc said: It's a dumb idea. As has been said, home prices will just increase $25K. Oh, so people will see their home equity increase a lot! Darn, she is good! 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted August 18 Share Posted August 18 Belongs here. Nothing is free. 1 1 Link to comment Share on other sites More sharing options...
aristocrat Posted August 18 Share Posted August 18 I think a better solution would be to force funds to sell single family rentals. Then create a rule to allow home buyers first crack at buying homes rather than the all cash investment firms. 1 1 Link to comment Share on other sites More sharing options...
B-Man Posted August 18 Share Posted August 18 1 1 Link to comment Share on other sites More sharing options...
Tiberius Posted August 18 Author Share Posted August 18 10 minutes ago, B-Man said: This is nothing to do with 2008 housing crisis where banks and regulators were so corrupt that the system imploded. 1 1 Link to comment Share on other sites More sharing options...
Doc Posted August 18 Share Posted August 18 Just now, Tiberius said: This is nothing to do with 2008 housing crisis where banks and regulators were so corrupt that the system imploded. Wrong. The 2008 housing crisis at it's core happened because people bought homes they couldn't afford and couldn't make payments on. 1 2 Link to comment Share on other sites More sharing options...
Unforgiven Posted August 18 Share Posted August 18 22 minutes ago, Doc said: It's a dumb idea. As has been said, home prices will just increase $25K. This 1000% ...op is a small minded moron and knows as little about economics as laffy the Kackling clown 1 2 1 1 Link to comment Share on other sites More sharing options...
RiotAct Posted August 18 Share Posted August 18 yet another government handout that; if enacted; I’ll be saying “damn, I wish that was in place x years ago when it would have applied to me!” 😂 Also how we gonna pay for dat. Wait, I already know the answer… 1 Link to comment Share on other sites More sharing options...
B-Man Posted August 18 Share Posted August 18 I'm with Norm. 3 Link to comment Share on other sites More sharing options...
mjd1001 Posted August 18 Share Posted August 18 Bad idea. What we need from both sides is less targeted incentives. Less picking of winners and losers. If money is good for one group, then it should be good for everyone. The best way to further divide people in this country is to keep telling them...you get something but you don't get it. You bought something a year too early, if you would have waited you could have gotten this too. 1 Link to comment Share on other sites More sharing options...
SCBills Posted August 18 Share Posted August 18 Where’s the money coming from? Question that needs to be asked about almost every single one of her handout policies. Yes, this will likely just raise home prices by both artificially boosting the money supple people have to purchase homes and the likely surge of new home buyers under the plan. By giving folks down payment money, it does bring into scope the worry of a housing crash where people buy homes they can’t afford. Im not necessarily hardcore against this plan, as I think something needs to be done to level the playing field for millennials/gen z, who have been completely ****ed over by prior generations and corporations like BlackRock when it comes to home ownership. But every single one of her plans seems to rely on free money and/or government intervention. Thats a very worrisome, and somewhat predictable, road to travel. She needs to answer real, substantive questions on how her plans will be subsidized and implemented, because she is honestly playing games with the economic future of this country. Call her communist, socialist, whatever… I’ll try to have a substantive take on this without labeling, but anyone with any economic sense will look at her proposals and either conclude she’s lying or this is incredibly troubling policy that needs to be thoroughly explained to the voters (but it won’t, because she’s relying on it not being explained). 1 2 Link to comment Share on other sites More sharing options...
BillsFanNC Posted August 18 Share Posted August 18 22 minutes ago, RiotAct said: yet another government handout that; if enacted; I’ll be saying “damn, I wish that was in place x years ago when it would have applied to me!” 😂 Also how we gonna pay for dat. Wait, I already know the answer… Pay? It's free money man! Link to comment Share on other sites More sharing options...
RiotAct Posted August 18 Share Posted August 18 5 minutes ago, BillsFanNC said: Pay? It's free money man! ohhhhh. Right. 9 minutes ago, SCBills said: She needs to answer real, substantive questions on how her plans will be subsidized and implemented, because she is honestly playing games with the economic future of this country. Call her communist, socialist, whatever… I’ll try to have a substantive take on this without labeling, but anyone with any economic sense will look at her proposals and either conclude she’s lying or this is incredibly troubling policy that needs to be thoroughly explained to the voters (but it won’t, because she’s relying on it not being explained). that sounds both racist and not very JOY-filled. 1 Link to comment Share on other sites More sharing options...
Biden is Mentally Fit Posted August 18 Share Posted August 18 2 hours ago, PetermansRedemption said: I like it, good idea, Aside from it sounding like a nice thing to be on the receiving end of, how is it a good idea? 1 Link to comment Share on other sites More sharing options...
SCBills Posted August 18 Share Posted August 18 Just now, Biden is Mentally Fit said: Aside from it sounding like a nice thing to be on the receiving end of, how is it a good idea? This is at the core of everything Harris proposes. She relies on voters (and the media) not asking this question. Link to comment Share on other sites More sharing options...
OrangeBills Posted August 18 Share Posted August 18 2 hours ago, Tiberius said: Interesting idea, that will cause some problems, but seems like a good idea. Good: Home ownership increases a person sense of community. People do not litter in a neighborhood they own a home in. Crime goes down, people just feel connected. It helps increase generational wealth Thoughts? Just more stupidity, will further price out those trying to help. Idiotic Leftists 1 1 Link to comment Share on other sites More sharing options...
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