Vice President Kamala Harris has rolled out several initiatives as part of her housing plan. She wants to incentivize builders to create 3 million units of affordable housing and develop a $25,000 housing credit for first-time homebuyers. Harris’s housing goals have been widely dissected by the media, showing that the nationwide housing problem is top of mind for many people.
Harris believes that former president Trump has it all wrong when it comes to solving the housing crunch. In her Aug. 16,2024, political rally, she stated, “If his Project 2025 agenda is put into effect, it will add around $1,200 a year to the typical American mortgage. He’s got it backward. We should be doing everything we can to make it more affordable to buy a home, not less.”
How about we don’t privatize anything. Ever again. But especially not things that have private competition like those. If you want a private bank use it. I’ll use my public or cooperative bank
Privatization means a cut to services and profit is now the motive.
EVERY TIME YOU PRIVATIZE IT BECOMES MORE EXPENSIVE AMERICA.
Stop privatizing your power.
Instead of making housing affordable they will make a 40 year mortgage the standard.
Privatization and deregulation are the bread and butter of conservatives. Always works out real well for the owners while everyone else pays the bill.
Always works out real well for the owners while everyone else pays the bill.
Ironically, there’s a whole movement that directly fights that sentiment by deregulating the supply of housing. It’s called YIMBY. When housing is a rarity, it’s more expensive, so why not make more housing?
When we deregulate we must be very careful. Sometimes it’s good like saying that residential and commercial properties can be next to each other. Other times it puts the coal plant next to the kindergarten. You’ve gotta be careful to not throw the baby out with the leaded bath water
It doesn’t even have to be direct costs. It could just be service fees tacked on to third parties like title search agencies, and those fees will be passed on to the consumers.