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To: ChicagoConservative27
Biden is also proposing a separate $10,000 tax credit for current homeowners who sell their "starter home" in order to jump into a bigger house. That could help melt a real estate market in which homeowners who locked in low mortgage rates during the pandemic and are hesitant to move because they now face significantly higher mortgage rates.

So it's a back door subsidy to the banks stuck with low interest long term mortgages on their books. Is their any bit of the economy that the left doesn't feel entitled to stick their fingers in.

6 posted on 03/09/2024 5:56:54 PM PST by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago. Now with "Formal Deprogramming")
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To: KarlInOhio
It's A VOTE Thing!
22 posted on 03/09/2024 6:30:58 PM PST by Don_Ret_USAF ("No Government can survive Without The Trust Of The People."er)
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