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Biden to propose new $5,000 tax credit for first-time home buyers (www.washingtonpost.com)

submitted 8 months ago by [email protected] to c/[email protected]

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Yes...that will solve the issue. Now I just need to scrape together $595,000 and I can finally have my own little slice of heaven. Thanks, Joe!

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[–] [email protected] 15 points 8 months ago

It's like the predatory help to buy schemes that the Tories introduced in the UK. I was looking into those years ago, and they look rather helpful, until you realise that the money they offer you to help buy comes from private firms, who then accrue equity in your home after 10 years of your 25 year+ mortgage. Ultimately they can end up owning more of your home than you do.

Fuck capitalists. Fuck them to hell.