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Home Front: Politix |
Kam’s Disastrous Housing Rx |
2024-08-19 |
[NYPOST] ''Kamala Harris![]() 's vague, bare-bones plan to making housing more affordable'' would make ''housing prices go up,'' explains National Review's Jim Geraghty. Just look ''at how the federal government has tackled the high cost of higher education'': Its ''approach to expensive tuition costs has been to underwrite and offer more and more loans and grants.'' The result: Colleges increased ''the cost of tuition at twice the rate of inflation.'' Harris' plan for ''a $25,000 subsidy for first-time homebuyers'' would push prices up, ''probably about $25,000 per home, because buyers have more money in their pocket.'' And her ''push for the ‘first-ever federal ban' on food price hikes . . . at best would lead to shortages, black markets and hoarding, among other distortions.'' |
Posted by:Fred |