Remember when Biden promised a $15k first time homebuyer tax credit?

https://www.housingwire.com/articles/renters-and-bidens-15000-homebuyer-tax-credit/

Now it's $25k, but with the new restriction that your parents must not own a home.

https://www.housingwire.com/articles/here-it-is-bidens-homebuyer-tax-credit-legislation/

So basically, another broken Biden promise.

If any of my comrades qualify, or no longer qualify for this, what do you think?

  • hahafuck [they/them]
    ·
    4 years ago

    Besides being bad, this is also bad. Its surely nice to own a house but adding people to the homeowner elite as a buy-in just makes it worse for the people at the bottom

    • DetroitLolcat [he/him]
      ·
      4 years ago

      I’m pretty sure studies have shown policies that promote homeownership increase inequality because the poor still don’t qualify and homes still appreciate more quickly in white neighborhoods because of redlining.

      • crime [she/her, any]
        ·
        4 years ago

        I can think of one policy to increase home ownership that doesn't increase inequality :mao-aggro-shining: