this post was submitted on 05 Oct 2024
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[–] assassinatedbyCIA@lemmy.world 12 points 2 months ago (3 children)

Down payment assistance is just going to drive prices up.

[–] NudistWardrobe@lemmynsfw.com 6 points 2 months ago (2 children)

Yep, the big fix is to tax the hell out of single family housing owned by corporations. But no politician would dare run on that platform.

[–] Rekorse@sh.itjust.works 6 points 2 months ago

I'd settle for breaking apart the housing cartel personally. Its already illegal.

[–] assassinatedbyCIA@lemmy.world 2 points 2 months ago

Or just build more public housing. It can be nice. It doesn’t have to be dystopian blocks in the sky and it should target all price ranges so that poverty isn’t just entrenched into public housing blocks.

[–] ECB@feddit.org 3 points 2 months ago (1 children)

It's the perfect solution for the democrats because it sounds good but also won't actually cause housing prices to go down, so homeowners won't feel like they are 'losing' money.

[–] Dkarma@lemmy.world -2 points 2 months ago (1 children)

It's not intended to make prices go down you utter doughnut

[–] ECB@feddit.org 1 points 2 months ago

Yeah that's what I mean... it would be good for society if prices went down, but it would also make a lot of people pissed off, so they intentionally dance around actual solutions in favor of shit like this.

[–] Dkarma@lemmy.world -1 points 2 months ago

Didn't happen last time and that's not how the housing market even works.