It's part of her economic agenda she will unveil Friday, her campaign says.
  • rishado@lemmy.worldEnglish
    71·
    3 months ago

    That’s a fucking stupid idea. Stop corporate ownership of single family homes.

  • TheHarpyEagle@lemmy.worldEnglish
    53·
    3 months ago

    This is weird, I’ve already made a down payment and thus won’t benefit from it, but I still want it to happen for the benefit of my peers. Strange how that happens.

    • DangedIfYouDid@lemmy.worldEnglish
      51·
      3 months ago

      It won’t help us outside of maybe the first week of implementation, and that’s being generous. By this time next week people will have gamed out a scheme to legally eat that money and expect all down payments to be n+25k.

      • Codex@lemmy.worldEnglish
        8·
        3 months ago

        As Cory Doctorow puts it, you don’t deal with a bully by giving kids extra lunch money to compensate.

      • 474D@lemmy.worldEnglish
        1·
        3 months ago

        The issue it’s addressing is that companies are buying up homes and renting them. This 1st time buyer grant would help individuals and not apply to corporations

        • DangedIfYouDid@lemmy.worldEnglish
          1·
          3 months ago

          Not even talking about corporations, just everyone with a house to sell. Their expectations are going to remain the same plus 25k with this. It will be like that 25k never existed as it passes from government to seller making no impact on actual costs to the buyer.

          • Nollij@sopuli.xyzEnglish
            1·
            3 months ago

            Phrased another way, this is a $25k tax on corporate buyers and people buying their next home.

            I’m perfectly ok with the first, not as much the second.

          • Shiggles@sh.itjust.worksEnglish
            13·
            3 months ago

            So it increases the cost for corporations to buy houses. Even if what you were describing was how markets worked(it isn’t), it’s still helping.