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Reply to "$25K in down-payment support for 1st-time homebuyers"
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[quote=Anonymous]I'm tired of people talking about home ownership as if it is good policy to encourage such. It isn't. It is bad for labor mobility, expensive, and generally just serves to increase housing prices, including rentals. Policies like this are mostly just giveaways to banks and to the real estate industry. Plus, the money has to come from somewhere. I'm kind of tired of this populism/buying-of-votes that we are seeing right now from both major candidates. The result, if implemented, will be bad, expensive policy.[/quote]
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