@return2ozma@lemmy.world to politics @lemmy.world • 3 months agoBiden to propose new $5000 tax credit for first-time home buyerswww.washingtonpost.commessage-square28fedilinkarrow-up1152
arrow-up1152external-linkBiden to propose new $5000 tax credit for first-time home buyerswww.washingtonpost.com@return2ozma@lemmy.world to politics @lemmy.world • 3 months agomessage-square28fedilink
minus-square@ZorsithlinkEnglish11•edit-23 months agoWow, 2-4* whole months of payments on a 30 year mortgage, what an incentive! /s (*Depending on location)
minus-square@Dkarma@lemmy.worldlinkfedilink4•3 months agoYou don’t get it obviously. This helps people right on the cusp of being able to close on a house. 5k can make the difference in so many cases. Keep being stupid, stupid.
minus-square@ZorsithlinkEnglish8•3 months agoGreat for all 1-2 thousand of them. For the rest of us it means fuck all to take 5K off the top of a deposit on a 500K house, nor does it make it make sense for a landlord special “remodel” from a house flipper to cost as much as much as it does. Housing as an investment model is bullshit.
Wow, 2-4* whole months of payments on a 30 year mortgage, what an incentive! /s
(*Depending on location)
You don’t get it obviously.
This helps people right on the cusp of being able to close on a house. 5k can make the difference in so many cases.
Keep being stupid, stupid.
Great for all 1-2 thousand of them. For the rest of us it means fuck all to take 5K off the top of a deposit on a 500K house, nor does it make it make sense for a landlord special “remodel” from a house flipper to cost as much as much as it does.
Housing as an investment model is bullshit.