We Millennialls are too busy buying avocado toast and taking selfies to be interested, anyways. At least that’s the bullshit y’all’ll put out there.
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The fastest way to prosperity for the middle class is home ownership. You're saying get rid of home ownership incentives to decrease the value of housing, so it's more affordable. This is the single most destructive bill for the middle class in my lifetime.
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Bullshit,,,,,PERIOD!
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Consider the labor shortage is construction industry. Higher wages means more expense to build a home. Trade policy may impact lumber costs. Lots of moving parts.
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theoretically, it seems paradoxical, but it could be true. quite a lot of the inflation in prices is due to subsidy. but, we know how these economic models work in practice. I don't get a mortgage interest tax deduction. lenders don't lend. revenues fall. und so weiter.
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This is riddled with unsubstantiated assumptions.
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Government subsidies, subprime lending and packaging, and incentive structures all helped lead to 2008. When will we learn that letting markets work is the best policy to increase homeownership?
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The Senate Bill can't reconcile the House housing plan because it's too expensive for everything else they want. Nice thought though
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