posted by iclfan2The $25k is just another handout ploy. It will just artificially raise demand in an already absurdly high price environment. So housing prices will continue to go up and the $25k won’t even help the people who need it.
But look at how well taxpayer funded student loans for unaffordable educations have gone....I'm sure it will work with housing, though, because there has NEVER been an issue with people buying houses they can't afford.
Maybe a better solution is to look at the fundamental issues driving housing prices....in predominantly blue large cities. Of course, one of the issues at the root of the housing crisis was a belief that increasing ownership was good always and everywhere when, in reality, there is an optimal level of ownership well less than 100%. Because home ownership is a long-term investment that isn't a particularly wise move for the young and single. It's more complicated than a 30-second policy sound bite because the mix of rentals/ownership can cause issues even when there isn't a supply imbalance of housing.