My Ass. How many will be illegals?
Why should the taxpayers subsidize home ownership.
■■■■■■■ bull ■■■■
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All Democrats look to do is try and find new ways to buy votes. Honestly it’s pathetic.
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From the link:
The housing market is in the midst of a convulsion fueled by the Federal Reserve’s effort to fight record inflation. The Fed’s raising of rates at the most rapid clip since the 1980s has helped push up borrowing costs for home buyers. Mortgage rates have soared to two-decade highs, prices have jumped and the supply of homes has fallen.
It’s the same old ■■■■■■■■■ Government creates the problem through government spending and proposes to fix the problem through more government spending!
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For what its worth, its a tax credit
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For who?
Biden is the worst about buying votes with our money!
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At what, another Xibiden vote buying scheme?
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From your link
“The legislation introduced by Senators Ben Cardin, a Democrat from Maryland, and Todd Young, a Republican from Indiana, could help 500,000 homes and generate $125 billion in development revenue over the next decade, the lawmakers said earlier this year.”
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This is a repackaging of the 2008 housing market crash. Banks loaned money, homes were bought and people walked away from their mortgages.
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How/ Subprime mortgages caused the crash. i do not see any talk of those types of mortgages here.
The article says the money is to go not to just single families, but to multi-family dwellings like town houses with up to 4 attached dwellings… It also doesn’t say it is restricted to home buyers who plan to make the home their domicile. This just looks like a hand out to landlords and investors in rental properties. Giving tax breaks to land lords/real estate investors isn’t going to increase low income home ownership.
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Biden ■■■■■ up everything he touches.
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inflation? hyper hyper inflate the economy… can you feel the utopia yet?
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Inflation = Too many dollars chasing too few goods.
I’m no economist…but it seems the Fed has been spending a couple of years now raising interest rates trying to burn the trillions this failed president pumped into the economy out of the economy.
Now Biden wants to pump more money into the economy…
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This is NONE of the government’s business. Protect our southern ■■■■■■■ borders…that’s your business and you’re treasonous at it.
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Well said!
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Obama?
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Sounds like Venezuela
There are some once nice neighborhoods in my community that are run down and unlivable because of taxpayer subsidized ownership under Obummer
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