Housing Crisis

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A place to post news and have discussions about the housing crisis, its effect on people who are priced out, and what the future has in store.

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Harris to propose up to $25K in down-payment support for 1st-time homebuyers (abcnews.go.com)

submitted 3 months ago by return2ozma to c/housingcrisis

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[–] [email protected] 0 points 3 months ago (2 children)

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.

[–] [email protected] 3 points 3 months ago* (last edited 3 months ago) (1 children)

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?

[–] [email protected] -2 points 3 months ago

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.

[–] DangedIfYouDid -1 points 3 months ago (1 children)

You are quite naive.

[–] [email protected] 1 points 3 months ago

Damn bro, when?