How Kamala Harris' plan to give first-time homeowners $25K could backfire
Briefly

Harris's housing plan proposes up to $25,000 in federal down payment assistance, substantially increasing the previous $10,000 tax credit, aiming to support first-time homebuyers.
Her strategy includes plans for constructing 3 million new housing units over four years, targeting affordability and accessibility within the escalating housing market.
Harris is taking steps to curb investor purchases of single-family homes and ban software platforms for rent setting, aiming to prevent price fixing in the rental market.
The overall cost of Harris's new housing policies is estimated at $200 billion over four years, which would require congressional approval and reflects a significant financial commitment.
Read at New York Post
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