this post was submitted on 05 Oct 2024
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Political Memes

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[–] [email protected] 3 points 2 months ago (1 children)

It's more pointless than bad, I would think.

[–] roguetrick 3 points 2 months ago* (last edited 2 months ago) (2 children)

Nah, using tax dollars to increase property values in a housing crisis is counterproductive as fuck. It increases rents for everyone else as well. Better off attacking it from the supply side with a massive subsidized housing effort and just tanking the market. But that's politically toxic.

[–] [email protected] 4 points 2 months ago

The problem is that almost everyone would be better off if the housing market tanked. Except donors.

[–] DrunkEngineer 2 points 2 months ago* (last edited 2 months ago)

Federal housing policy has always been about inflating housing asset values. The Harris "plan" is just more of the same. Anyone who thinks either party actually wants to lower housing prices is delusional.