Communist & Socialist Politics

Tax credits like this are an excuse to let corporate property owners continue to rip people off. This will do little to nothing to solve the problem. And that's assuming Congress would even pass it (they won't). A median home is ~$400,000. This is equivalent to only 2.5% back in this proposed tax credit. That's a joke. That'd be like if you spent $100 on something and got $2.50 cash back. Woo-fucking-hoo. It's far too little.

And again, we need the actual upfront cost coming down not something that will take time to get back. We need price controls. They're not going to voluntarily lower prices and they're not going to build more to increase supply to lower prices, because they don't want prices to be lower. That'd be less money for them. Yes, even if they were to end a lot the regulations these companies complain about, they're still not going to start building a bunch more houses. Again, that'd be less money for them.