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First Time Home Buyers
FirstTimeHome
Economy, Housing, Homes, Mortgage
MortgageFirstTimePayments.png
Economy, Housing, Homes, Mortgage
Liberal Position
Liberals believe the problem with the high cost of houses is due to corporations stepping in and buying up all the properties and then renting them out at high rents. This is partially true by this analysis.
Kamala Harris has proposed to provide $25,000 for first time home buyers to assist them with buying their home.
Conversative Position
Conservatives believe the high cost of housing is driven by the increase in remote workers and workers choosing to relocate to otherwise low cost areas. This drives up local prices faster than normal in these areas.
The $25,000 housing subsidiary proposed by Harris will have a further effect of driving up prices even more. Donald Trump proposed to jump start the economy to provide higher pay, lower energy costs, lowering inflation and reversing the increase in these home prices.
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| Created by: | David Kolakowski on September 8, 2024 at 03:13 PM |