@return2ozma to politics • 6 months agoHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.comexternal-linkmessage-square108arrow-up1393arrow-down115cross-posted to: housingcrisishousing_bubble_2
arrow-up1378arrow-down1external-linkHarris to propose up to $25K in down-payment support for 1st-time homebuyersabcnews.go.com@return2ozma to politics • 6 months agomessage-square108cross-posted to: housingcrisishousing_bubble_2
minus-squareniftylink0•edit-26 months agoIt’s probably mostly going to be used by people buying second homes for renting out Edit glad they’re thinking of doing it, but I think qualifying for the program needs to be made strict to ensure against first time home buyer fraud
minus-squareniftylink-1•6 months agoFirst time home buyer fraud has been around for a while https://abcnews.go.com/WN/Politics/time-homebuyer-tax-credit-program-subjected-fraud/story?id=8890655
minus-squareniftylink1•6 months agoI wasn’t advocating against financial assistance, just stating what’s happened historically
It’s probably mostly going to be used by people buying second homes for renting out
Edit glad they’re thinking of doing it, but I think qualifying for the program needs to be made strict to ensure against first time home buyer fraud
First time home buyer fraud has been around for a while https://abcnews.go.com/WN/Politics/time-homebuyer-tax-credit-program-subjected-fraud/story?id=8890655
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I wasn’t advocating against financial assistance, just stating what’s happened historically
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