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?

  • 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: