$25K in down-payment support for 1st-time homebuyers

[Anonymous]

As a single mother, had to work for 8 years to save $28,000 towards the down payment on my first home. Once I got it (150 years old farmhouse with 1100sq ft space), I had to gut it ALL with my own hands, learning how to do framing, drywall, electrical, plumbing, pouring concrete subfloors, as I could not afford any contractors. Everything was properly inspected and approved by my local town and electrical inspectors.

After I paid my own down payment, NOW I HAVE TO CONTINUE WORKING LIKE A DOG TO FINANCE WITH MY FEDERAL INCOME TAXES $25,000 DOWNPAYMENT FOR OTHERS? Why? What do I owe all those people?

[Anonymous]

This would be a huge win for the banks and lenders.

[Anonymous]

Because Democrats like to spend other peoples money, yours, mine and everyone else’s so everyone can have an equal outcome.

I will leave it up to DCUM to label what that economic philosophy is.

Congratulations on your hard work, hopefully the $25K gift will never come to pass.

[Anonymous]

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

What a load of drivel. A candidate promising freebies to potential voters at the expense of hardworking taxpayers does not make the latter "awful, bitter people."

[Anonymous]

If more people in your community can afford to buy a house, the value of your house increases, by much much more than the penny or two of your taxes that might contribute to the program.

[Anonymous]

Get over it, OP. You’re one of those who’s whining about women getting maternity leave now simply because you didn’t have it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

What a load of drivel. A candidate promising freebies to potential voters at the expense of hardworking taxpayers does not make the latter "awful, bitter people."

And yet here you are proving to the world that you're an awful bitter person.

[Anonymous]

Happy to help in this housing market

[Anonymous]

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

+100

[Anonymous]

This just another dumb Harris idea. She apparently learned from Biden to just simply buy votes with Government handouts.

It will never pass.

[Anonymous]

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

Person is not bitter, just pointing out poor economic policy. Obviously, you never took an economics class either.

All it will do is raise the price of buying a home, in the same way that government backed student loans increased college costs.

Anyone with a couple of working brain cells gets this. This will ease no one’s struggles but it will work to keep inflation going strong.

Sadly too few see the fallacy of the proposition.

[Anonymous]

I am going to guess house prices will mysteriously go up by $25,000 since there will be more competition. What's the plan to hold house prices constant?

[Anonymous]

I always question the flat rate numbers in policies like this. $25k in the DC region doesn’t go as far as $25k in many other parts of the country. It’s the same with income cap qualifications. Should it maybe be adjusted for an area’s COL?

[Anonymous]

Anonymous wrote:

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

What a load of drivel. A candidate promising freebies to potential voters at the expense of hardworking taxpayers does not make the latter "awful, bitter people."

+100. I grew up poor...getting 2nd hand clothes from the church basement. My parents worked hard and sacrificed alot coming to the US for a better life, they learned the English language, etc. I worked all my life, even as a kid cleaning houses. It's called having a strong "work ethic"!!! As a first generation college grad I continued to work hard. Then once I had kids one of the most important lessons I taught them was also to have a "strong work ethic". Ever since they turned 16 they have had full summertime jobs. Fast forward to now having my own college grads with jobs...they are both known for having a strong work ethic. My job is done.

I understand the need to give someone a leg up...but instead of a complete handout how about providing affordable "starter homes"?? I mean...nobody should be looking for their forever home that is beyond their means. Just like a job...start at the bottom and work your way up.

I'll pay taxes for education and food, etc., but not to give anyone handout of $25K.

The problem is the whole mindset of "needing" everything...needing a huge home, needing a fancy car. Affordable starter homes is what we need.

And focus on education...there is such as huge need/gap in certain areas where they are desperate for workers (from teachers to trades workers)....for those specific areas...that is the only scenario where I can see offering subsidized
housing/$25k help.

Not free...but significantly reduced college tuition for those entering the trades and those earning a teaching degree (and any other areas where there are significant gaps)..followed by incentives such as subsidized housing/$25k help, but only on the condition they enter the trades/teaching and only while they remain in trades/teaching.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are two types of people in this world, people who go through struggles and relish in seeing others struggle, and people who go through struggles and work towards making sure nobody else has to go through what they did.

The former are awful, bitter people, the kind of people who perpetuate cycles of abuse. The latter are the kind, decent people who make this world a better place.

I guess we know which kind you are.

What a load of drivel. A candidate promising freebies to potential voters at the expense of hardworking taxpayers does not make the latter "awful, bitter people."

And yet here you are proving to the world that you're an awful bitter person.

PP here. Hardly. I've spent my entire career in education teaching, evaluating, and mentoring kids in very rural or urban public schools.