LAist
Region: US
Thursday 22 October 2026 03:29:55 GMT
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ManuelGlez :
The way I see this. More people will be able to buy a house. Those people in most cases are buying a property are higher price than the seller which means that the property taxes that the county is collecting is higher. Isn’t that going to help the state overall more revenue?
2026-10-22 21:57:34
1
Andres :
If you give people money but don’t increase supply, all it will do is push prices higher.
2026-10-22 06:04:08
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esoterotica :
This is how you make a bad situation worse. This type of scheme incentivizes overextension of those least able to bear any changes in market conditions and will worsen the effects of a downturn.
2026-10-22 15:25:27
9
Derrick McMillen :
insane
2026-10-22 20:45:19
0
Dadlifts :
Does it require PMI?
2026-10-22 19:08:06
0
Andrew :
We need to built more housing. That’s the real solution both to housing affordability and homelessness
2026-10-22 16:41:57
7
b4050000 :
We have a housing shortage but sure let’s subsidize demand more.
2026-10-22 15:08:30
7
evanrodriguez989 :
We can’t get to affordable housing by propping up demand. I’m no PhD but increasing people’s ability to buy something seems like a policy that will help those who already own that thing more than the people with new levels of debt for that thing. Build more housing. End prop 13.
2026-10-22 14:54:05
1
Adis2026 :
Why is this a bad investment? We subsidize corporations, banks and corporate farms which fail all the time? Why is housing poor people an issue?
2026-10-22 08:51:49
2
potatofeeler :
I can't afford the monthly payment I don't care about the percent down
2026-10-22 09:31:30
3
michelle.california :
No
2026-10-22 12:50:03
1
user111170695374 :
FHA this is unnecessary. Talk about idiots.
2026-10-22 14:12:35
0
DM :
More debt isn't the solution
2026-10-22 15:31:54
2
We_need_change :
He forgot to mention this is only for immigrants and people whose parents never have bought a house.
2026-10-22 15:24:58
0
Littletchotchke :
That a no from me
2026-10-22 14:53:06
0
Aname :
Stupidest idea I've heard in my life.
2026-10-22 20:07:04
0
bobs512 :
Or we can just stop paying so much to welfare states
2026-10-22 20:20:08
0
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