Anonymous wrote:How baout before clamoring one way or the other about this, someone actually explain WHY we need this when there are tons and tons of other down payment assistance programs from HUD assitance to the states having programs to localities as well as private grant-making groups.

Explain why this isn't just another redundant program that will require establishing another layer of bureaucracy.

Do the local programs offer this amount, in every state?

The mortgage tax deduction is "free money" too. I assume you want to get rid of that?

How baout before clamoring one way or the other about this, someone actually explain WHY we need this when there are tons and tons of other down payment assistance programs from HUD assitance to the states having programs to localities as well as private grant-making groups.

Explain why this isn't just another redundant program that will require establishing another layer of bureaucracy.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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

It will never pass.

This. It’s sickening how all their ideas come down to thinly-veiled bribes to whichever voters they’re trying to court. And I’m a Democrat.

+1
Free phones, free college education, now free down payments. What’s next, I wonder.

Healthcare, childcare and public transit, god willing.

Why work? Just stay home and procreate.

Anonymous wrote:This is the 1,454th time the Democrats decide to throw money at a problem in a way that will only make the problem worse. They are morons.

I mean, it’s not reaching the lofty intellectual heights of “person, woman, man, camera, tv” but it’s something.

This is the 1,454th time the Democrats decide to throw money at a problem in a way that will only make the problem worse. They are morons.

Anonymous wrote:I think that we should be getting at the root causes of why housing has gotten so expensive. It's a combination of real estate investment and speculation and other things. We need to rein that in.

I think we also need to tackle that as a central issue because my fear is that if we start giving people $25k in assistance toward purchasing homes that will just make the prices of homes go up by another $25k, with that $25k going directly into the pockets of investors.

It's 30 year low downpayment mortgages and a massive disconnect between supply and demand. When jobs, especially high paying jobs, concentrate, the prices in those places goes up. Look at places where job prospects aren't great and you will find housing is still cheap

I think that we should be getting at the root causes of why housing has gotten so expensive. It's a combination of real estate investment and speculation and other things. We need to rein that in.

I think we also need to tackle that as a central issue because my fear is that if we start giving people $25k in assistance toward purchasing homes that will just make the prices of homes go up by another $25k, with that $25k going directly into the pockets of investors.

Anonymous wrote:

Anonymous wrote:

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.

Cycles of abuse? Talk about drama.

Clearly you've never known an abusive person or deigned to pick up a single book about it or else you'd know that putting people through the same abuse you went through is literally the defining factor in cycles of abuse.

But of course someone as stupid as you can't make those connections. "Money no same as abuse" is as far as your smooth brain can go.

And you double down on the drama. Well done.
Not handing out free money to people is not abuse. Full stop.

Nobody is saying that it is, simply that the type of person who thinks that because they had to struggle financially that others should to is the same type of person who abuses others because they were abused. But thanks for proving my point exactly:

someone as stupid as you can't make those connections. "Money no same as abuse" is as far as your smooth brain can go.

Not even close. There is no “type” of person that thinks abuse is ok. I do think that struggling to make money is what this country was founded on. My parents did and succeeded beautifully - no handouts. I think handouts do nothing but foster more dependence.

You can keep trying to make the comparison with an abusive relationship but it’s a really dumb comparison. My smooth brain gets what you’re trying to say, and I still think it’s a sh¡t comparison.

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."

+1

Remind me again what Trump promised the oil companies if they helped him get elected

Anonymous wrote:

Anonymous wrote: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.

Yeah...so much so that that the property taxes skyrocket more than they already are...forcing more people to move out or rent out rooms to help pay for the taxes.

That's really what I want?

Do the math. First off, this little program won’t have that much effect, but think about it for a second, if your property taxes go up it is because your property value has gone up at least ten times more than the amount of the tax increase.

Have you ever heard of equity or wealth accumulation? That is a good thing, even if you might eventually have to pay a little bit of taxes on your increased wealth.

Anonymous wrote:

Anonymous wrote:

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

It will never pass.

This. It’s sickening how all their ideas come down to thinly-veiled bribes to whichever voters they’re trying to court. And I’m a Democrat.

+1
Free phones, free college education, now free down payments. What’s next, I wonder.

Healthcare, childcare and public transit, god willing.

Anonymous wrote:

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.

Cycles of abuse? Talk about drama.

Clearly you've never known an abusive person or deigned to pick up a single book about it or else you'd know that putting people through the same abuse you went through is literally the defining factor in cycles of abuse.

But of course someone as stupid as you can't make those connections. "Money no same as abuse" is as far as your smooth brain can go.

And you double down on the drama. Well done.
Not handing out free money to people is not abuse. Full stop.

Nobody is saying that it is, simply that the type of person who thinks that because they had to struggle financially that others should to is the same type of person who abuses others because they were abused. But thanks for proving my point exactly:

someone as stupid as you can't make those connections. "Money no same as abuse" is as far as your smooth brain can go.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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

It will never pass.

This. It’s sickening how all their ideas come down to thinly-veiled bribes to whichever voters they’re trying to court. And I’m a Democrat.

+1
Free phones, free college education, now free down payments. What’s next, I wonder.

I 100% guarantee that within months of this free money being handed out, if it does happen, there will be complaints that it isn't sufficient. "I need a house in a GOOD school district for my kids" "I need a house with enough bedrooms for all my kids" "I need a house that's brand-new because I work 3 jobs and don't have time to make repairs." And the party of Joy will cry out at the cruelty of ONLY giving out $25k and can't we do better?

Uh, I realize you meant that as some kind of mean spirited sarcasm, but here’s the thing - you’re so hateful you don’t even realize those are all valid points and should all be addressed.

$25k isn’t enough. Mostly because greedy people (like you) will just raise your home prices $25k. So really it should be $100k, not $25k


As for school districts, yes - we SHOULD be helping single moms live in better school districts because better education means kids escape multigenerational poverty.

New homes? Absolutely. What single mother has enough time or knowledge to deal with a fixer upper home in whatever little off time she has from her multiple jobs.

A house with multiple bedrooms? Uh, yes. Do you really expect brothers and sisters to stay in the same bedroom past 10-12 years old? Why would think it’s ok to subject a young girl to that? Sicko.


So yes, we CAN do better than $25k. That’s basically nothing.

Your post cracks me up.

I am betting that you are a person vehemently against school choice. The best way to get kids a better education is for school choice. Why should private schools be only for well-to-do people? Why not provide vouchers for lower income people so they CAN put their children in better schools?
School vouchers is a much better investment than giving people money for a down payment.

There are people on this board who believe the government should take care of all the needs of all the people. Free healthcare. Free college. Free food. Free housing. Free whatever-the-hell-you-need-or-want because it isn't fair that others have something you don't. Meanwhile our country is $36+ TRILLION dollars in debt. The more you get, the more you want. And, "free everything" totally wipes out any incentive to work or put in effort to get ahead.

Sorry, we don't live in a socialist or communist country. There are things that you actually need to work for in order to receive.
Stop with the entitlement mentality. Or, move to Cuba or Venezuela, or some other country that you think meets your demands better.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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

It will never pass.

This. It’s sickening how all their ideas come down to thinly-veiled bribes to whichever voters they’re trying to court. And I’m a Democrat.

+1
Free phones, free college education, now free down payments. What’s next, I wonder.

This was one of the original knocks against democracy. People would eventually vote to loot the treasury.

You guys are so oblivious to how much of the federal budget subsidizes corporations. Even in programs that help low income people, if you follow the money it ends up in corporations. Poor people don’t have political power. Corporations own the Senate, the courts, and state and local governments. Every government program is designed to benefit the corporate and financial establishment. This program will be taken over by developers, lenders, home builders, realtors, et al, just like every other housing program, but at least it will provide some assistance to moderate income households.

Look. This whole topic is a joke. It's never going to happen once CBO scores it. This is just campaign fodder and the start of an ideas conversation and to convey that she's trying to help homeowners. Nothing more.