Harris to Propose $25,000 Assistance for First-Time Homeowners

Even the notion is disingenuous but still serves to drive up housing prices.

A $25,000 tax credit does not mean that government is giving first-time homebuyers a $25,000 check.

It means they can reduce their tax burdens with deductions by a certain amount each year until the $25,000 figure is met (generally a few thousand dollars a year).

This is all just to make dumb shit dems "think" that they are getting free money. It's just hot air because the VAST majority of those Harris is targeting never pay taxes in the first place!

Sadly it's a ploy that will work because leftist dems are, as a rule, so stupid (87 IQ) they'll think they're getting a check for $25K.
 

Vice President Kamala Harris will announce a comprehensive four-year strategy on Friday aimed at reducing housing costs. The plan includes a $25,000 down payment assistance program for first-time homebuyers and incentives to boost new housing construction, according to Harris-Walz campaign officials.

Harris will reveal the plan during an economic policy speech in North Carolina, CNN reported.

Damn, vote buying much?

Don’t try to drop prices by making sound financial decisions for the whole country, just print money and buy votes!

Next week:

Breaking news!.....Home prices just shot up $25,000 overnight. Economists baffled. ;)
The goal is to have everyone on government assistance. One policy after another will get us there as they oversee a failing economy.

Next stop, Venezuela. Maduro is in charge now.
 
Even the notion is disingenuous but still serves to drive up housing prices.

A $25,000 tax credit does not mean that government is giving first-time homebuyers $25,000. It's means they can reduce their tax burdens with deductions by a certain amount each year until the $25,000 figure is met (generally a few thousand dollars a year).

This is all just to make dumb shit dems "think" that they are getting free money. It's just hot air because the VAST majority of those Harris is targeting never pay taxes in the first place!

Sadly it's a ploy that will work because leftist dems are, as a rule, so stupid (87 IQ) they'll think they're getting a check for $25K.

So, if it is just a tax break, it seems the MAGA cult should be on board with it
 
Even the notion is disingenuous but still serves to drive up housing prices.

A $25,000 tax credit does not mean that government is giving first-time homebuyers a $25,000 check.

It means they can reduce their tax burdens with deductions by a certain amount each year until the $25,000 figure is met (generally a few thousand dollars a year).

This is all just to make dumb shit dems "think" that they are getting free money. It's just hot air because the VAST majority of those Harris is targeting never pay taxes in the first place!

Sadly it's a ploy that will work because leftist dems are, as a rule, so stupid (87 IQ) they'll think they're getting a check for $25K.

Libs like to make tax credits "refundable" nowadays, like they do with "Earned income tax credit" and "child care credit"
 

Vice President Kamala Harris will announce a comprehensive four-year strategy on Friday aimed at reducing housing costs. The plan includes a $25,000 down payment assistance program for first-time homebuyers and incentives to boost new housing construction, according to Harris-Walz campaign officials.

Harris will reveal the plan during an economic policy speech in North Carolina, CNN reported.

Damn, vote buying much?

Don’t try to drop prices by making sound financial decisions for the whole country, just print money and buy votes!

Next week:

Breaking news!.....Home prices just shot up $25,000 overnight. Economists baffled. ;)
Damn, vote buying much?

Not to mention inflation causing
 
True. Renting is much cheaper than owning. Building wealth through home ownership is a fallacy.
Renting is undoubtedly a less expensive alternative. Renters avoid many expenses that are often related to purchasing and maintaining a house. Annual taxes alone can be expensive, depending on the valuation of the home and the area you live in, and deductions on interest payments have been capped.
 
Till it's not with a FKH win.....Remember all those spending bills? Much of that money has not yet been spent and it's all transferrable.....I read where only 1/10th of the infrastructure bill money has been spent thus far.

If FKH she gets elected, this country is so fucked.

There is no end to free shit from other people's money.

We have had "free" money for decades. Do we need to reign it in? Absolutely.

Maybe some day some one will come along that is actually serious about that.
 
There is already a .gov program for first time homebuyers.


BTW.....The .gov is never going to force contractors to build starter homes again....Land is way too expensive.

Of course the .gov could give-up some BLM land out west. ;)
 
Nope.....Bootstraps and all. I sure as hell did not get any breaks from the .gov when I saved for my down payment on my first home.

And here I thought you all were all for people paying less taxes.
 
There is already a .gov program for first time homebuyers.


BTW.....The .gov is never going to force contractors to build starter homes again....Land is way too expensive.

Of course the .gov could give-up some BLM land out west. ;)

Who is going to live on the land BLM has out west?

Have you seen that land?
 

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