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Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impact Su
« on: October 30, 2024, 09:07:31 am »
Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impact Supply

Ian Hanchett 30 Oct 2024

On Tuesday’s broadcast of New York’s Power 105.1’s “The Breakfast Club,” 2024 Democratic presidential candidate Vice President Kamala Harris argued that her proposed down payment assistance for first-time homebuyers won’t “have an unintended effect, because that increases the demand for home ownership, which is going to have an impact, also, on supply.” And talked about parts of her plan to boost housing supply.

Harris said, “$25,000 down payment assistance for first-time homebuyers, let me tell you why that’s not going to have an unintended effect, because that increases the demand for home ownership, which is going to have an impact, also, on supply. What we are — part of my plan — I’ve been in public service my entire career, but I know the limitations of government. So, part of my plan for affordable housing is to work with homebuilders and developers to give them tax credits to create incentives for them to build more homes. But I’m going to tell you another part of my perspective on this, I also know that, in particular, for high rent, a lot of it has to do with corporations that are buying up all this housing and then eliminating competition and jacking up rent. And part of my plan is to also go after them.”

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https://www.breitbart.com/clips/2024/10/30/harris-down-payment-assistance-wont-raise-prices-because-increases-demand-which-will-impact-supply/
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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #1 on: October 30, 2024, 09:23:45 am »
Who writes this shit?
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Offline Smokin Joe

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #2 on: October 30, 2024, 10:21:31 am »
Quote from: Bigun on October 30, 2024, 09:23:45 am
Who writes this shit?
Someone from LaLa Land.
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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #3 on: October 30, 2024, 10:27:54 am »
Quote from: Smokin Joe on October 30, 2024, 10:21:31 am
Someone from LaLa Land.

:yowsa: Obviously so!
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"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #4 on: October 30, 2024, 02:08:57 pm »


And in honor of Halloween

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Offline DefiantMassRINO

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #5 on: October 30, 2024, 02:31:01 pm »
The reason there is a lack of supply is because of NIMBY government zoning boards, not market forces.

More demand, with stagnant supply, will increase prices as bidding wars erupt for the few available properties.

Government is causing the housing shortage; not evil greedy developers.
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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #6 on: October 30, 2024, 02:33:01 pm »
Increasing demand without the requisite increase in supply is the very definition of rising prices.
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Offline catfish1957

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #7 on: October 30, 2024, 02:40:21 pm »
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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #8 on: October 30, 2024, 04:36:39 pm »
Quote from: catfish1957 on October 30, 2024, 02:40:21 pm

Is that him when heard Diddy got busted? :tongue2:
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Offline catfish1957

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #9 on: October 30, 2024, 04:47:10 pm »
Quote from: GtHawk on October 30, 2024, 04:36:39 pm
Is that him when heard Diddy got busted? :tongue2:

Ol' Kev was mixed up in that?  Hasn't hurt his visibility yet I guess.
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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline GtHawk

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Re: Harris: Down Payment Assistance Won’t Raise Prices Because It Increases Demand, Which Will Impac
« Reply #10 on: October 30, 2024, 05:14:12 pm »
Quote from: catfish1957 on October 30, 2024, 04:47:10 pm
Ol' Kev was mixed up in that?  Hasn't hurt his visibility yet I guess.
Lot’s of video of him with Diddy and at his parties, right after Diddy was busted he said Diddy forced him to go and do things but there is video of Hart having a great time. I don’t know if or how much Hart was involved in the late night…festivities but if it makes him less visible I won’t complain, he and John Cena are way over used actors in ads.
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