this post was submitted on 16 Aug 2024
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Housing Crisis
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The issue it's addressing is that companies are buying up homes and renting them. This 1st time buyer grant would help individuals and not apply to corporations
Not even talking about corporations, just everyone with a house to sell. Their expectations are going to remain the same plus 25k with this. It will be like that 25k never existed as it passes from government to seller making no impact on actual costs to the buyer.
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.
You are quite naive.
Damn bro, when?