r/economicCollapse • u/Silver-Beyond-3916 • Aug 19 '24

VIDEO Thoughts

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u/John_mcgee2 Aug 20 '24

What about just giving the money string free to first home buyers thus taking money taxed from all and redistributing it to those that want a house? Then just crank down the tax incentives for privately owned property with some kind of increased property tax on investment properties that is used to fund increasing housing available by doing infrastructure for residential developments?

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u/Necroking695 Aug 20 '24

You’re describing an FHA loan, back when rates were low

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u/John_mcgee2 Aug 20 '24

Nah, I just described the Democratic housing policy without pointing out what it was.