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Reply to "Kamala Harris for President"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/gardnerakayla/status/1824205479054102939?s=61&t=I7ZozTDGmPOsC7cmSRxwgA[/twitter][/quote] The first 2 offset each other. 25k to first time homebuyers will increase competition and [b]make the 3 million new homes obsolete. :lol: [/b]We’ll be back to a 2020 seller’s market or worse with those measures. Zero economic instincts with Kamala but what can we expect from the woman who gave a billion dollars to fight climate change to Central American govts because she thought that was the reason for migration and the woman who fought for the Inflation reduction bill that didn’t work and failed? :lol:[/quote] Is a house “obsolete” if someone gets to live in it? Your post only gets more nonsensical from there. Some of you think you sound soooo smart and know so much about economics but it’s 100% Dunning Kruger at work.🤣😂[/quote] You don’t get it. The actual physical structure of a house is not obsolete. The construction of new homes with the intent to fix low supply and high demand is what’s obsolete. 25,000 to first time homeowners will increase demand making the 3m new homes obsolete. Everyone will be scrambling to purchase and buyers will start overbidding to compete. The market won’t get affordable for homebuyers if more homebuyers are in the market.[/quote]
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