The Harris/Walz economic agenda might be called “Free Stuff Socialism” where government taxes the "super-rich" to provide ordinary Americans with “free stuff,” or at least stuff at sharply reduced prices.
Home ownership is not a magic device to boost wealth.
Consider, for example, the proposal to pay 400,000 first-generations home buyers $25,000 towards their down payment and a $10,000 tax credit for first-time home buyers.
Kamala Harris’s plan to promote greater home ownership is demagoguery.
All told, this plan is to help one million first-time home buyers per year while simultaneously boosting the home construction industry.
Unfortunately, as is often the case with “too good to be true” proposals, this “free” or “drastically reduced” stuff may prove to be a terrible bargain.
Obviously, the aim is to secure votes and, no doubt, many Americans will find these lures convincing.
https://www.americanthinker.com/articles/2024/08/the_lure_of_easy_home_ownership.html
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