Posted on 10/30/2024 7:08:14 AM PDT by ChicagoConservative27
On Tuesday’s broadcast of New York’s Power 105.1’s “The Breakfast Club,” 2024 Democratic presidential candidate Vice President Kamala Harris argued that her proposed down payment assistance for first-time homebuyers won’t “have an unintended effect, because that increases the demand for home ownership, which is going to have an impact, also, on supply.” And talked about parts of her plan to boost housing supply.
Harris said, “$25,000 down payment assistance for first-time homebuyers, let me tell you why that’s not going to have an unintended effect, because that increases the demand for home ownership, which is going to have an impact, also, on supply. What we are — part of my plan — I’ve been in public service my entire career, but I know the limitations of government. So, part of my plan for affordable housing is to work with homebuilders and developers to give them tax credits to create incentives for them to build more homes. But I’m going to tell you another part of my perspective on this, I also know that, in particular, for high rent, a lot of it has to do with corporations that are buying up all this housing and then eliminating competition and jacking up rent. And part of my plan is to also go after them.”
(Excerpt) Read more at breitbart.com ...
What a stupid response.
A fundamental misunderstanding of economics.
How did someone this stupid pass the bar exam?
Do you think it qualifies as a certified word salad?
THIS HAS TO BE ILLEGAL.
SHE CERTAINLY WILL NOT BE USING HER OWN PERSONAL FUNDS....
SHE IS STEALING FROM AMERICAN TAXPAYERS-—AND SHE WANTS TO RAISE TAXES.
I have bought 3 houses between 1966 & 2005.
USED my OWN $$$$$ for DOWN PAYMENTS & for the monthly payments.
And why would the supply increase? Oh, that’s right! The builders will build more because they can charge a higher price — because the demand increased!
I SERIOUSLY DOUBT SHE EVER DID.
A STAND-IN DID IT FOR HER ????
Marxist twat
She doesn't misunderstand. She intends for this to raise prices, because government dependency is her key to power.
Indeed!
You can’t argue with a rock.
To quote Elon Musk, “She’s just not that smart.”
yes and yes
marxist twat twattle indeed.
She didn’t, at least the first time. What assistance she received to help her pass later we’ll never know.
She is only going on low IQ, POC-oriented media in the final days.
A back door entrance to federally dispensed housing.
You can’t be a leftist and understand economics.
Though, I guess you can understand, not care, and just lie, knowing you’re supporters are morons.
Maybe she didn’t pass. She probably had another Indian woman take it for
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