Post #24308 by commonone on the US Policy board

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sutton: The most striking proposals were for ... a $25,000 subsidy for first-time home buyers...

...was the cost of every starter home going up by ~$22,000

Really?

First, it's a four-year plan. Second, it would require construction of 3+ million new housing units -- a dramatic expansion of inventory. Third, it would be accomplished through an expansion of LIHTC and NHTC. Fourth, there are specific eligibility requirements. And fifth, a Harris-Walz administration cannot accomplish this without bipartisan conversations in Congress next year about ways to encourage, subsidize or directly finance more housing.

But, sure maybe Trump will have his own proposal in, say, two weeks.

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