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Thursday 22 August 2024 02:13:09 GMT
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shinee_201
Tên Chi nhé 🐰🫶 :
Uầy e chơi hayyy vậy 🌸🌸😳🌸
2024-08-22 03:53:41
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이 사진들 중 마지막 게시물
The tax incentive to build more homes is the biggest win in this bill but everyone is focusing on the $25K down payment support. The $25k is for first-time homebuyers which will likely come with a lot of other qualifications so this will not cause the type of inflation that alarmists have been talking about. The foundational issue with housing is the lack of supply and high interest rates. Although the federal government can take certain steps to incentivize the building of more homes, the real issue is at the local level. The NIMBYs (Not in My Back Yard) are holding up the construction of more homes because it will bring down the value of their homes. More supply means less scarcity. And this is the issue with making housing an “investment.” Homeowners are incentivized to do anything possible to ensure property values continue to increase even if it means locking out future buyers. It’s selfish & short-sighted. That’s why everyone has to get involved at a local level and not just during presidential elections.
The tax incentive to build more homes is the biggest win in this bill but everyone is focusing on the $25K down payment support. The $25k is for first-time homebuyers which will likely come with a lot of other qualifications so this will not cause the type of inflation that alarmists have been talking about. The foundational issue with housing is the lack of supply and high interest rates. Although the federal government can take certain steps to incentivize the building of more homes, the real issue is at the local level. The NIMBYs (Not in My Back Yard) are holding up the construction of more homes because it will bring down the value of their homes. More supply means less scarcity. And this is the issue with making housing an “investment.” Homeowners are incentivized to do anything possible to ensure property values continue to increase even if it means locking out future buyers. It’s selfish & short-sighted. That’s why everyone has to get involved at a local level and not just during presidential elections.

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