thinking that homeless illegal immigrants are the root cause of home shortage where a single corporation or a billionaire buys thousands of flats to rent them to people for exorbitant prices.
in one way it works because if you kick out many homeless people out of the country, you can say that in one year you cut homelessness by half.
So the mass deportation would be of lawful alien residents, because undocumented residents cannot buy houses unless it is straight up cash, and even then would have a hard time getting insurance or utilities, you know, without a SSN, credit history or IDs. Unless they use a stolen SSN, which is very difficult and rare.
Neither choice is great. One is evil.
That 25k quickly becomes “oh, everyone had 25k more so we can charge 25k more”.
Don’t give rich house builders tax breaks, they’re the ones causing the problem by deliberately not building enough. You’re the fucking government. Build houses yourselves. Rent them through social housing programs.
dont allow corporations and billionaires to buy thousands of flats
Yeah, that too.
The precious “free markets” have had their crack at it, and have shown that they’re not to be trusted to either own or build them. Prices have soared and that’s 100% intentional on their part.
I’ve started to come around on the 25k down payment assistance. It definitely has it’s problems, and there will absolutely be those who gouge because of it. But because it’s specifically down-payment assistance it will still help first time buyers get mortgages on houses they can afford the regular payments on, but don’t have the extra to set aside for a 10% down payment because rent is taking everything they could be setting aside for a down payment. And it’s limited to first time home buyers, with 2 years of on-time rent payments, and says “up to” 25k. Wouldn’t surprise me if it ends up being limited to 10% of the purchase price (which gets you more favorable loan terms).
As usual, the blue choice is obviously much better than the red choice, but only in comparison to this bat shit crazy red choice. On it’s own, the blue choice is still rather bad.
I’m starting to think that Republicans just exist to make the bad Democrat options look always better in comparison.
If you have one side that is pushing into the crazy territory really hard, the public discourse will change and shift in a way, that a moderate position will be perceived as extreme. https://en.m.wikipedia.org/wiki/Overton_window
I’m curious how many houses/apartments are unused in the US, acting as a speculative asset and if building more is even necessary.
Building more is necessary if the available housing is not located where appropriate employment is located. Thus, the gross number of available homes isn’t a good metric to use for determining the actual need for new construction.
The US has a population density of 33 people km2, But “Massss deportation!”
Of course there’s the best option which is an non-occupancy tax that goes up exponentially for each additional property you’re sitting on for speculation.
That right there would be a hard counter to wallstreet hoovering in the housing market.
It’s like you’re not even considering the feelings of the millionaires and billionaires with 72 houses each and I for one just won’t stand for it.
That on top of a tax that is highly progressive after x number of properties, regardless of occupancies.
The worst idea is ever giving down payment assistance. Government subsidizing actual builders, sure, but free money to property owners just increases the price to meet supply and demand and goes right into their pocket. It actually increases home prices. Extremely stupid.
This is just to first time home buyers, not to anyone buying a house
It’s more pointless than bad, I would think.
Of the four ideas that are listed on this picture that’s the one you gonna go with for being the worst?
I’m all for it of they include vacant land… I wouldn’t mind having acreage, and getting one of them unfinished Amazon houses.
“Kill 3 kids and bulldoze the neighboring nature reserve (it won’t give us more chairs, but it’ll feel good)”
its called a nature reserve because its a piece of nature thats reserved to be used as a golf course in the future
Immigrants own Chase Manhattan?!!?!
Damn, lern somethin’ new errday …
Bothesidezzz
This meme is extremely naive. For many American voters, the primary residence is their one major investment – and will severely punish any elected official that reduces housing prices. The result is neither party will do much on this issue.
I hope that you’re right, because in 20 years that will no longer be true, and maybe we’ll be able to make real progress on housing at that point.
“destroy nature and ruins lives” vs “destroy nature, increase stock value, build three luxury chairs that no one is allowed to live in.”
