bitflag@lemmy.worldtopolitics @lemmy.world•Harris to propose up to $25K in down-payment support for 1st-time homebuyers
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3 months agoThis actually makes houses more expensive, because now buyers have more money to outbid each other.
This actually makes houses more expensive, because now buyers have more money to outbid each other.
They aren’t really, they are just upgrading it to a full set top box and rebranding it.
Intel has also made a similar blunder by trying GPUs and abandoning them (they got there early with the i740, then Larrabee). Saving a few dollars by gutting emerging products line has cost them billions
I think so, but with ads just like the free tier of Spotify.
And then YouTube Premium is just not a good deal in my eyes, £12.99 a month is an awful lot to pay just to not see Ads.
I think this includes YouTube music (at least in my market it does) which makes it fairly good value for money if you already subscribe to a music streaming app.
The issue with housing is that the supply is limited. If you increase demand and not supply you just increase prices. Giving buyers $25k extra to spend means every home owner is now gonna jack up their selling price by $25k. This is, in the end, a subsidy for existing home-owners. Who already are doing pretty well, thank you very much.
Denying the existence of supply and demand always lead to policy failure. The way to address housing cost is to lower the cost of housing, not make housing more expensive by helping people outbid each others.