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

Anonymous wrote: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 wrote: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 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.

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.

I don’t disagree with you about the need for more affordable starter homes, but there is no way to make that happen at the federal level. These decisions are made at the state and local level and we live in a country where people wield whatever power they have to prevent more housing- particularly low and moderate income housing- in their neighborhoods. I’m seeing it play out right in my neighborhood. Congress would have to pass laws that dramatically change land use decision making in the US. Even if that happened, I doubt the Supreme Court would uphold it. So, that leaves us with options like the $25k proposal to help make homeownership more accessible.

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."

+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 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.

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.

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.