And it's simple as to why : Every governement body is a bloated overweight machine of pure incompetence and infinite inefficiencies. Thankfully, they have everybody else's money to soak in and use, to waste on their every whimsical sterile ideas..
@RCAvhstape Remember that private health insurance companies could care less about your healthcare. They're a business entity designed to siphon money out of your wallet and pay out as less as they can. Premiums always go up and never down. Blame the healthcare providers/facilities for threatening to become "out-of-network" when they don't get their way.
Is no longer "education" BUT INDOCTRINATION.... lots have been cut like "Economics classes, music, arts" all in the name of budget, yet somehow we find money for "assylum seekers."
She cannot deliver on any of these things. If you don't see what she really wants to do, you are ignorant sheep. There's a reason she only tells lies about Trump. The Dems have no concrete plan to help with anything for you. Just look around into the Communist agenda. You will own nothing, will be poor like most others. Only a few who are selling out their own family.
The fear of socialism continues and yet, the oligarchs and plutocrats keep getting richer. We have a system where it is Socialism for the rich, Rugged Individualism for the poor.
Pandering to the least common denominator of the population. Hence, when Hillary ran, her team were waiting with held breath fir the Detroit ballot count to come in to help offset what they had lost on other Michican counties to Trump.
Number 1; If the Federal Government gave every first-time home buyer $25,000.00, the price of every "starter" home would go up by $25,000.00 Number 2; How is the Federal Government going to "build" 3 million new homes in the next 4 years? Where in the Constitution does it say the Federal Government is in the housing construction business? As much as $400 billion is believed to have been stolen from the $900 billion COVID Employment Relief Fund, or around 45%. And now Harris wants the Feds to get into the housing constructing business? I don't think so!
3,000,000 new homes in 4 years 😂. That would require completing 2,055 per day. It takes 7-8 months to complete 1 house. She must be using "fuzzy" math. Just stupid promises to suck in the gullible.
@@bills5009; maybe I need to get my son-in-law to reactivate his General Contractor's license. If Harris was to win, there could be a lot of free Federal money around to be scooped up.
@@oldgysgt Great idea! If Harris wins there WILL be tons of taxpayer money available. Just don't forget the 10% for the big guy - or big girl in this case.
Then what will it take for landlords to lower rent for the working class? Lower property taxes? Or widespread smear campaign through social media--"Don't rent from this (insert name)."
@@chrislin2774 unfortunately, I don't know what the answer is. In the early 1950s through the 1990s in NYC, rent was affordable (cheap even) and buying a house was attainable. Now those same houses are worth millions and renting costs thousands of dollars a month. What has changed? Overvaluation of real estate? Supply and Demand? It seems complicated. Maybe the only solution is to leave these over-priced cities?
@@chrislin2774 I would also like to mention, property taxes have gone up. $10k a year, or more, for a million dollar home in NYC. I also read an article about rising property insurance costs landlords are required to carry. This is a really complex issue.
@chrislin2774 it's an easy fix. But I will get shamed as helping slumlords take money from poor people and being too oppressive to blacks. Firstly, get rid of rent controls, second stop local government spending, lower taxes, reduce regulations. That's just the start. It will allow competitors and prices will drop, it will allow more revenue for government but less intervention. And more innovation for builders.
Most of them haven't been doing that for a while now. You ought to see the houses that First Key out of chicago buys and renovates and rents out. Not only are the properties mostly not maintained but I guess they are into growing weed trees because they let the weeds literally turn into weed trees all around the property and the towns' "ordinance enforcers" do absolutely nothing. This is in the suburbs, not the city of chicago. Making all of these houses rentals has started to ruin what was once a stable and quiet neighborhood.
I live in California and have a rental property under rent control. The inspector comes every 3 yrs. Checks the house and gives me a list of the things that need to be fixed. They give me reasonable time to do it, they comeback to make sure everything was fixed . If not I could get fined.
Inflation benefits the oligarchs. They collect the money and stash it in more stable accounts when a crash occurs. Example, when a large scale populist revolution occurs and drives out the investment/venture capitalist/private equity class out of the country.
The first "house" in which I remember livinig was a converted chicken coup with a gas stove, running water, a kithen sink, a bathroom sink and a flush toilet but no water heater, no shower no permanant tub, no television, no microwave oven. The place was so small, my sister and I slept on four kitchen chairs pushed together and our parents slept on a fold out couch. Mom washed our clothes with a washboard in a galvinized wash tub and, once a week, she put that same tub on the kitchen floor, heated water in a double boiler on the gas stove and ladled it into the tub so we could take baths. There is a sense in which I would prefer that nobody would have to live like that but doing so encourages people to try to improve their standard of living. By dilligent work, long hours, raising most of our own food, and serious thrift, our parents were solidly middle class in about ten years. In the twenty first century, poor people work hard at gettng as much as they can from taxpayers and being careful to not do enough useful work so as to loose their welefare "benefits". The result is that fewer things get built, less food gets grown and the entre nation is poorer for it.
@@redtobertshateshandles Our parents told my siblings and me we had no right to complain unless we had ideas about how to solve problems.
On some issues, I admit to not having any better ideas than are currently being offered by one or the other of the major political parties in the United States. On some issues, however, I can offer alternatives. With regard to the economy, Republican politicians seem to favor reducing taxes on wealthy citizens. The theory seems to be that doing so would allow wealthy citizens to invest in more businesses (or expand existing businesses) resulting in jobs for more people. Democrats seem to operate on the premise that there is only so much “pie” to go around and that, therefore, wealthy citizens should be taxed more in order to provide more money for an ever expanding welfare system. Some democrats want to expand the welfare “benefits” whether or not there is money to pay for those increases. My idea is to use a flat income tax RATE (because of the personal allowances, it’s not a flat tax plan!) combined with a personal allowance for each adult citizen. Please begin by estimating or calculating how much the tax rate would need to be if the personal allowance is $393 per week (or $1,703 per month or $20,440 per year). Next, make a list of what other changes you think we should implement simultaneously with adopting this plan (unless you have a better plan). Next, reestimate (or recalculate) how much the tax rate would need to be, keeping in mind that a smaller personal allowance MAY actually require a higher tax RATE because more people would still be eligible for traditional welfare “benefits”. (I think the cost of administering the present welfare system is eating us alive.) Next please let me know what you think is/are the avantage(s) / disadvantage(s) of our present insanely complex income tax system compared to my plan.
As Attorney General in California she was going to file a Lawsuit against the banks and give a speech against the banks in San Jose California and she never showed up!
Camallah has : Economics Experience : ZERO__Foreign Affairs Experience :ZERO__Executive Experience:ZERO- is Skin color and Gender Enough to Qualify for USA President ?❓
It seems great to everyone living there. A hugely successful State. Seriously u sound like Trump and its silly childish talk to use the word destroyed. If you want destroyed then Nazi Germany at the end of WW2 is what destroyed looks like.
"My administration?!" TRANSLATION: YOU, the TAXPAYERS!! "Any government big enough to give people everything they need, is a government big enough to take away everything they have - including freedom!" Benedict XVI
Just like college. If you can't afford it then you don't go. Same with a house. Can't find your dream home within your price range? Then either look cheaper or stay where you are. I have never (66 years old) seen so many people constantly moving all over the place. The you wonder why neighborhoods aren't as stable anymore or neighbors don't talk to each other. Nobody knows anyone around them anymore. We've been in our house for close to 50 years. The entire neighborhood has seen a complete changeover. No one, not even other family members lives in the area anymore. And daily, you see people walking by on the sidewalk that you have never seen before.
My wife and I own 3 rental properties. We are very far from wealthy. Over the years, we acquired distressed properties and restored them to livable condition. It wasn't easy. In fact, although we are in our mid 60's and "retired" (after 50 years of employment) we spend a good bit of time and energy working on it. For instance, yesterday we spent 12 filthy exhausting hours fixing up a house that had sat empty & delapidated for over 6 months. We belong to a couple of real estate investor groups and by far most landlords are like us- working class people trying to build side income through smart, risky investments and a lot of tiring work. Most people would be unwilling to put in the effort it requires. In spite of uninformed opinion, most landlords are lucky to clear a few hundred dollars from a property each month after expenses. Kommiela's dumb economic ideas sound great to her ignorant followers. But they will destroy incentives that build prosperity and reduce America to the poverty that ALWAYS results from communism.
We had some former "friends" who refinanced their home (to get money for a big vacation trip) , as they planned to sell as prices were skyrocketing....when the bubble burst ... they (and these are two men with high paying jobs) claimed they were mislead by predatory lending and given money from tax payers and laughed it off... we ended our friendship with them.
25K is a drop in the bucket in today’s housing market. Many people still will not be able to afford the payments because homes prices, and everything else is so high. Home owners and auto insurance is astronomically high in Louisiana, and continues to go up.
The great USA gives away !!! We the people who have to pay taxes are tired of this government ever increasing gift giving considering the ever increasing cost of living for those of us who are struggling to pay our own bills.
Blame the uni-party (Democrats and Republicans) for failing to address class issues. Meanwhile, corporations and their lobbyists line their pockets ensuring nothing changes the upward transfer of wealth to the oligarchs.
Detroit was amongst the greatest cities in the world until the govt came in and "regulated". Madam VP you've been a ghost in office for almost 4 years.
Scamala sounds a lot like Trudeau who said he would build X number of houses and hasn’t even built a fourth of what he said he’d build. Housing in many cities is more expensive because of regulatory handcuffs. In California the CEQA has regulated housing construction, adding a tremendous amount of unnecessary costs to new construction. Giving $25,000 for a down payment will only drive inflation higher as the government prints more money to pay for the program. The government is the WORST way of solving problems as most of their solutions create more problems than they solve. Harris is a pandering fool with no understanding of a functioning economy… PERIOD!
The affordable housing plan will be like the affordable health care plan. Basically, it will be unaffordable. I checked into the marketplace insurance plans, and the only quotes I received were $8000 a year for a healthy person.
She talks about housing, but as i travel i see a lot of apartment complexes being built. I don't know where the people are to fill them. The price on these are ridiculous.
The only people to win. would be the developers. When government talks about affordable housing, they are actually talking about welfare for landlords.
If I have to give Bob $25,000 to buy his house, I'll have $25,000 less to spend on mine. And if I have to give Steve $25,000 too, then I'm in the hole. These thieves are vile.
The people living in the rent controlled housing will never move out. They can't afford to get another apartment so those rent controlled apartments will never become available (but if one does, the super will rent it to the person who pays him the biggest bribe.)
This man is a national treasure. The problem is that nowadays people would rather obsess with short catchy empty slogans, aka, Kamala Harris, than spend half hours to listen and digest what this man says.
I’m sorry, but “educating” Willie Brown’s Hummer Queen is an impossible task even for someone as skilled in this area as Dr. Thomas Sowell. She’s far, far beyond help.
![[#2024MAMA] G-DRAGON - 무제(Untitled, 2014)+POWER+HOME SWEET HOME+뱅뱅뱅+FANTASTIC BABY | Mnet 241123 방송](http://i.ytimg.com/vi/Ox29z5Nf1Uk/mqdefault.jpg)
I would love for him to educate her. But the idea of her listening to anything logical just doesn't compute.
Sounds like she wants more "gubermunt" housing. It's a great idea if you want to keep people poor.
True... She's a talking head!
She would never listen .she is not very teachable 😮😮
She is not smart enough to realise she has a lot to learn.
I thinks she listens best, when her mouth is full...
Thomas Sowell’s research, lectures, and interviews should be shown and taught in every secondary school in America!!!
@tberry
That and Civics..economics😅
every time the government gets involved prices go up! College, energy, and on and on
Yep
And it's simple as to why :
Every governement body is a bloated overweight machine of pure incompetence and infinite inefficiencies.
Thankfully, they have everybody else's money to soak in and use, to waste on their every whimsical sterile ideas..
Don't forget health care.
@RCAvhstape Remember that private health insurance companies could care less about your healthcare. They're a business entity designed to siphon money out of your wallet and pay out as less as they can. Premiums always go up and never down. Blame the healthcare providers/facilities for threatening to become "out-of-network" when they don't get their way.
@@chrislin2774 How does that make you feel?
A lot of ignorant sheep will think that her ideas are great. This is in part because we have a lousy education system in the US.
Is no longer "education" BUT INDOCTRINATION.... lots have been cut like "Economics classes, music, arts" all in the name of budget, yet somehow we find money for "assylum seekers."
Gubment schools
Agreed. When teachers are permitted to teach without books of any kind, where is the vetting? Where is the verification of facts?
Have a look at Australia this is what you get from government intervention into housing.
A government powerful enough to give you everything you want is powerful enough to take away everything you have.
That
Yeah the price goes up the down payment goes up. All this will do is increase the price by $25,000.
She cannot deliver on any of these things. If you don't see what she really wants to do, you are ignorant sheep. There's a reason she only tells lies about Trump. The Dems have no concrete plan to help with anything for you. Just look around into the Communist agenda. You will own nothing, will be poor like most others. Only a few who are selling out their own family.
It sounds like socialism to me. And like Ronald Reagan said the words you don't want to hear is I am the government and I am here to help.
It’s Sounds like Socialism because it IS socialism
@@gothivore277 Exactly! That is what the democrat party is, hebe socialism.
A tawrdry , slow witted harlot on her best day..
The fear of socialism continues and yet, the oligarchs and plutocrats keep getting richer. We have a system where it is Socialism for the rich, Rugged Individualism for the poor.
@@chrislin2774Who would you help first, the person employing hundreds of thousands or a single individual?
As a taxpayer, I don't agree to what KH is proposing.
Wait, you mean she wasn't going to give first time buyers $25k out of her own pocket? Tax payers have to step up to the plate? She would never....
It will be paid back by the buyer after the house is paid off
@@jonathangattono, it will not be paid back!
@@gfp46 That is the plan after the mortgage is paid off, they will pay it back with interest.
@@jonathangatto Just like the student loans that the administration wants to "forgive"?
And by the end of my first term we have ended America is what she’s saying
She wants to combat high prices by raising prices.
Pandering to the least common denominator of the population. Hence, when Hillary ran, her team were waiting with held breath fir the Detroit ballot count to come in to help offset what they had lost on other Michican counties to Trump.
After she & her buddies created the high prices.
@seangorman3959 KH's simple economic plan.
You got it!!!!😂😂😂
@@traczebabe Donald spent like a drunken sailor for four grueling years.
Kamala should read Thomas Sowell's book "Basic Economics." She should, but she won't.
It should be required reading in high school. These stupid ideas have been tried, and failed with miserable results, more than once.
You think she reads?🤣😂😅
She wouldn't understand it.
It has no Venn diagrams. She’s not interested.
@@madtabby66 Now that was an outstanding reply! Cheers!!!
"The price of housing has gone up." Because of you. 😊
Bidenomics is working 😅 (sarcasm, of course)
Number 1; If the Federal Government gave every first-time home buyer $25,000.00, the price of every "starter" home would go up by $25,000.00
Number 2; How is the Federal Government going to "build" 3 million new homes in the next 4 years? Where in the Constitution does it say the Federal Government is in the housing construction business? As much as $400 billion is believed to have been stolen from the $900 billion COVID Employment Relief Fund, or around 45%. And now Harris wants the Feds to get into the housing constructing business? I don't think so!
They don't really want to get into the housing construction business. They want to get into the construction lobby kickback business.
3,000,000 new homes in 4 years 😂. That would require completing 2,055 per day. It takes 7-8 months to complete 1 house. She must be using "fuzzy" math. Just stupid promises to suck in the gullible.
@@bills5009; maybe I need to get my son-in-law to reactivate his General Contractor's license. If Harris was to win, there could be a lot of free Federal money around to be scooped up.
@@keelenstein; yea, and did you hear the morons in her audience cheering for that non-sense?
@@oldgysgt Great idea! If Harris wins there WILL be tons of taxpayer money available. Just don't forget the 10% for the big guy - or big girl in this case.
Yes, what I heard was "I'm going to give you free stuff, no matter how stupid it is, to win your vote".
In a shocking and unexpected turn of events, a year after this the housing prices were up $25000.
The wisdom and knowledge of Dr Sowell is priceless!
Thank you! 😎🇺🇸🙏
Rent control doesn't work because landlords will not be able to afford insurance and maintenance.
Then what will it take for landlords to lower rent for the working class? Lower property taxes? Or widespread smear campaign through social media--"Don't rent from this (insert name)."
@@chrislin2774 unfortunately, I don't know what the answer is. In the early 1950s through the 1990s in NYC, rent was affordable (cheap even) and buying a house was attainable. Now those same houses are worth millions and renting costs thousands of dollars a month. What has changed? Overvaluation of real estate? Supply and Demand? It seems complicated. Maybe the only solution is to leave these over-priced cities?
@@chrislin2774 I would also like to mention, property taxes have gone up. $10k a year, or more, for a million dollar home in NYC. I also read an article about rising property insurance costs landlords are required to carry. This is a really complex issue.
@chrislin2774 it's an easy fix. But I will get shamed as helping slumlords take money from poor people and being too oppressive to blacks.
Firstly, get rid of rent controls, second stop local government spending, lower taxes, reduce regulations. That's just the start. It will allow competitors and prices will drop, it will allow more revenue for government but less intervention. And more innovation for builders.
Haha, it’s over $10k for a house valued at $450k in Northeast Houston TX
how the hell could anyone support kamala? unreal how ignorant people are
She’s offering free shit. The “Chase bank glitch” tells you how ignorant people are.
@@madtabby66 offering NOTHING for free
Just another way for politicians to get paid.
CIA they want free stuff.
They were told to applause.
Government solution is to NOT use government solutions!
When the people are desperate, they turn to government for solutions. And that's more than 50%.
When there is rent control the landlord won't maintain the houses or apartments
Most of them haven't been doing that for a while now. You ought to see the houses that First Key out of chicago buys and renovates and rents out. Not only are the properties mostly not maintained but I guess they are into growing weed trees because they let the weeds literally turn into weed trees all around the property and the towns' "ordinance enforcers" do absolutely nothing. This is in the suburbs, not the city of chicago. Making all of these houses rentals has started to ruin what was once a stable and quiet neighborhood.
They dont it anyways.
It costs money.
Without rent control landlords skimp on maintenance. Look at Miami's condos.
I live in California and have a rental property under rent control. The inspector comes every 3 yrs. Checks the house and gives me a list of the things that need to be fixed. They give me reasonable time to do it, they comeback to make sure everything was fixed . If not I could get fined.
They offer everything under the sun, then in the long run . The middle class ends up homeless.
Cuz we pay for it
@@markadkins9290How? Who is we? A class of taxpayer at some level of income?
@@mpf5381Explain
@jul4275 how?
Communism. 😂
All it will do is inflate the price of the housing and prices will go higher.
Inflation benefits the oligarchs. They collect the money and stash it in more stable accounts when a crash occurs. Example, when a large scale populist revolution occurs and drives out the investment/venture capitalist/private equity class out of the country.
That's precisely their plan. Inflation benefits the bankers and their constituents (politicians) the most at the expense of the average American.
“I’m from the government and I’m here to help “. Paraphrasing from President Regan years ago
This is exactly the first chapter of his economics book he wrote. Politicians either are fools, or they're liars.
Thank you for the voice of truth, reason and common sense.
This will make inflation worse sellers will raise the price ny _25000
We have a recent example set by Javier Milei in Argentina. He banned all laws regarding price control in renting and the prices falling down 20%
Would YOU want to live in a neighborhood with 3 million homeowners that cant afford the houses they have purchased?
The first "house" in which I remember livinig was a converted chicken coup with a gas stove, running water, a kithen sink, a bathroom sink and a flush toilet but no water heater, no shower no permanant tub, no television, no microwave oven. The place was so small, my sister and I slept on four kitchen chairs pushed together and our parents slept on a fold out couch. Mom washed our clothes with a washboard in a galvinized wash tub and, once a week, she put that same tub on the kitchen floor, heated water in a double boiler on the gas stove and ladled it into the tub so we could take baths.
There is a sense in which I would prefer that nobody would have to live like that but doing so encourages people to try to improve their standard of living. By dilligent work, long hours, raising most of our own food, and serious thrift, our parents were solidly middle class in about ten years.
In the twenty first century, poor people work hard at gettng as much as they can from taxpayers and being careful to not do enough useful work so as to loose their welefare "benefits".
The result is that fewer things get built, less food gets grown and the entre nation is poorer for it.
Yep.
@@redtobertshateshandles Our parents told my siblings and me we had no right to complain unless we had ideas about how to solve problems.
On some issues, I admit to not having any better ideas than are currently being offered by one or the other of the major political parties in the United States.
On some issues, however, I can offer alternatives.
With regard to the economy, Republican politicians seem to favor reducing taxes on wealthy citizens. The theory seems to be that doing so would allow wealthy citizens to invest in more businesses (or expand existing businesses) resulting in jobs for more people.
Democrats seem to operate on the premise that there is only so much “pie” to go around and that, therefore, wealthy citizens should be taxed more in order to provide more money for an ever expanding welfare system. Some democrats want to expand the welfare “benefits” whether or not there is money to pay for those increases.
My idea is to use a flat income tax RATE (because of the personal allowances, it’s not a flat tax plan!) combined with a personal allowance for each adult citizen.
Please begin by estimating or calculating how much the tax rate would need to be if the personal allowance is $393 per week (or $1,703 per month or $20,440 per year).
Next, make a list of what other changes you think we should implement simultaneously with adopting this plan (unless you have a better plan).
Next, reestimate (or recalculate) how much the tax rate would need to be, keeping in mind that a smaller personal allowance MAY actually require a higher tax RATE because more people would still be eligible for traditional welfare “benefits”. (I think the cost of administering the present welfare system is eating us alive.)
Next please let me know what you think is/are the avantage(s) / disadvantage(s) of our present insanely complex income tax system compared to my plan.
They always talk about 'what they're going to do'. Why haven't they done anything since being in office?
As Attorney General in California she was going to file a Lawsuit against the banks and give a speech against the banks in San Jose California and she never showed up!
This country is already in extreme depth and this woman is nuts
**in Minneapolis, gov pushed massive high density housing.. so crowded, expensive (with sub housing... Crime)
Buying votes
Camallah has : Economics Experience : ZERO__Foreign Affairs Experience :ZERO__Executive Experience:ZERO- is Skin color and Gender Enough to Qualify for USA President ?❓
Yes
How much experience did Reagan have and yet he was a good President and everyone laughed at him cos he was a 'B' grade actor.
All these So-Called Public Servants should have to take about a one month course with Him As Professor.🆗
Large subsidies made widely available is an amazing way to make home prices jump again
Federal Housing does that in PR. A subsidies from 25 k to 40 k US$. Same issue: not many people qualify and no property available.
Sowell 😊🇬🇧🇺🇲👍
She has no clue!!!!!!!
Guarantee 25k adds 25k to the price!!!!!!
Thomas sowell please run for president
He's in his 90s
I think hes counting on the next generation to take the torch and run with it. Hes already fought the good fight.
He's too intelligent.
Agreed!
Thomas Sowell 🙌🌍🩷🩷🩷🩷!!
Kamala, Where are you going to get the $$$ to build 3 million new homes?? We are already $36,000,000,000,000 in debt!!
She’s trying to push socialism without calling it socialism
exactly right on
Pointing to California is not a reference, it's an indictment. Policy has absolutely destroyed it
American women need to know how Afghani women are being treated under the Taliban, since the Biden-Harris withdrawal.
It seems great to everyone living there. A hugely successful State. Seriously u sound like Trump and its silly childish talk to use the word destroyed. If you want destroyed then Nazi Germany at the end of WW2 is what destroyed looks like.
Where will the $25,000 come from? The US is $36,000,000,000,000 in debt! Yes, That is 36 Trillion dollars!!
"My administration?!" TRANSLATION: YOU, the TAXPAYERS!!
"Any government big enough to give people everything they need, is a government big enough to take away everything they have - including freedom!" Benedict XVI
Just like college. If you can't afford it then you don't go. Same with a house. Can't find your dream home within your price range? Then either look cheaper or stay where you are. I have never (66 years old) seen so many people constantly moving all over the place. The you wonder why neighborhoods aren't as stable anymore or neighbors don't talk to each other. Nobody knows anyone around them anymore. We've been in our house for close to 50 years. The entire neighborhood has seen a complete changeover. No one, not even other family members lives in the area anymore. And daily, you see people walking by on the sidewalk that you have never seen before.
That’s right, college tuition up 36% in the last four years.
Gee. What happens to prices of homes when people are given $25k down payments and there are more people who can buy? 🤔
Supply and demand
Another housing crash.
Same with tuition, student loan forgiveness, and guess how much the tuition on average has gone up in the last four years?? 36%
1930s Hitlers campaign "Strength through Joy"
Kamala's campaign "Strength through Joy"
"People can't afford to save up to a downpayment..... so let's tax them more and inflate home prices! That'll fix it!"
Where is this money for their down payment coming from? The taxpayers! It’s Socialism!
One thing the govt is great at is increasing our taxes and spending our money.
I live in Saskatchewan Canada. The home of socialized health care. WE do not have rent controls. They do not work
My wife and I own 3 rental properties. We are very far from wealthy. Over the years, we acquired distressed properties and restored them to livable condition. It wasn't easy. In fact, although we are in our mid 60's and "retired" (after 50 years of employment) we spend a good bit of time and energy working on it. For instance, yesterday we spent 12 filthy exhausting hours fixing up a house that had sat empty & delapidated for over 6 months.
We belong to a couple of real estate investor groups and by far most landlords are like us- working class people trying to build side income through smart, risky investments and a lot of tiring work. Most people would be unwilling to put in the effort it requires.
In spite of uninformed opinion, most landlords are lucky to clear a few hundred dollars from a property each month after expenses.
Kommiela's dumb economic ideas sound great to her ignorant followers. But they will destroy incentives that build prosperity and reduce America to the poverty that ALWAYS results from communism.
Yep.
We had some former "friends" who refinanced their home (to get money for a big vacation trip) , as they planned to sell as prices were skyrocketing....when the bubble burst ... they (and these are two men with high paying jobs) claimed they were mislead by predatory lending and given money from tax payers and laughed it off... we ended our friendship with them.
Buying a home is one thing, owning a home is much more costly. Guess we are willing to bail big banks out again like we did in 2008.
How many of those banks representatives went to jail for mortgage fraud? And how many affordable housing units were built by Kamala's program.
And just like that $25,000 is the increased price of each house.
She seems so proud of herself by stating something completely obvious.
Love this man
25K is a drop in the bucket in today’s housing market. Many people still will not be able to afford the payments because homes prices, and everything else is so high. Home owners and auto insurance is astronomically high in Louisiana, and continues to go up.
As we all know that the price of house have gone up so the size of mortgage has also gone up.
Wow what an inference I could have never guessed.
Government needs to get rid of so many regulations regarding housing construction. Regulations is the no 1 reason for lack of housing construction.
The great USA gives away !!! We the people who have to pay taxes are tired of this government ever increasing gift giving considering the ever increasing cost of living for those of us who are struggling to pay our own bills.
Blame the uni-party (Democrats and Republicans) for failing to address class issues. Meanwhile, corporations and their lobbyists line their pockets ensuring nothing changes the upward transfer of wealth to the oligarchs.
She must have gone to public school to be so bad at math.
Canadian public school.
Detroit was amongst the greatest cities in the world until the govt came in and "regulated". Madam VP you've been a ghost in office for almost 4 years.
That's a sign of a good VP just like Pence. You support the President and their agenda and you shut up while doing it.
Bragging about helping California with housing prices as they are the Tent City capitol
Scamala sounds a lot like Trudeau who said he would build X number of houses and hasn’t even built a fourth of what he said he’d build. Housing in many cities is more expensive because of regulatory handcuffs. In California the CEQA has regulated housing construction, adding a tremendous amount of unnecessary costs to new construction. Giving $25,000 for a down payment will only drive inflation higher as the government prints more money to pay for the program. The government is the WORST way of solving problems as most of their solutions create more problems than they solve. Harris is a pandering fool with no understanding of a functioning economy… PERIOD!
The affordable housing plan will be like the affordable health care plan. Basically, it will be unaffordable. I checked into the marketplace insurance plans, and the only quotes I received were $8000 a year for a healthy person.
This sounds like what we used to call The Projects. We now call them war zones.
Gee, who’s smarter on this (or any) subject: Dr Sowell or Harris? I’ll trust Dr Sowell all day, any day.
Bribe
She is the reason that these things are going on. The was the one who voted to approve this economic crisis
She talks about housing, but as i travel i see a lot of apartment complexes being built. I don't know where the people are to fill them. The price on these are ridiculous.
In California she did illegal things to innocent people. Not good for anything but a good laugh 😢😢😢😢
Thanks Thomas
I own my house, but can't afford property taxes and insurance
The only people to win. would be the developers. When government talks about affordable housing, they are actually talking about welfare for landlords.
Her voice does my head in. Have to turn up the volume to hear Thomas then am near deafened when it cuts back to her
My left ear agrees with Mr Sowell
The price of homes .. is a pretty good indicator of what has happened to the value of money, .. the slide of the value of money.
O grande Thomas Sowell❤. Infelizmente não temos ninguém aos calcanhares aqui em Portugal.
If I have to give Bob $25,000 to buy his house, I'll have $25,000 less to spend on mine. And if I have to give Steve $25,000 too, then I'm in the hole. These thieves are vile.
I'm from the government and I'm here to help you. 🚪🏃🏽♀️
Just where does she think this money comes from?
wake up america
My neighbors suck. Thanks gubment!
This is what has happened in Australia. Mr Sowell is so right.
The price of houses has gone nut$$$$
Only intelligent people listen to brilliant minds.
And the government owns your home 😢😢😢😢😢
Just as awful, Blackrock or Vanguard or some other corporate entity owning your home.
You pay rent to the government (taxes) for the privilege of owning it.
This is targeting immigrants-not American first-time home buyers.
The lobotomized leech class applauds this.
Where exactly is a country that is 36 trillion going to come up with 25k for hundreds of thousands of first time home buyers.
Idk but we should revoke the pensions of every single government employee and not use that money to give anyone 25k. Buy your own sht
The ‘Give-Give Party’.
The people living in the rent controlled housing will never move out. They can't afford to get another apartment so those rent controlled apartments will never become available (but if one does, the super will rent it to the person who pays him the biggest bribe.)
I guess she is counting in these new 1st time hime buyers not remembering the last house loan bail out.
This man is a national treasure. The problem is that nowadays people would rather obsess with short catchy empty slogans, aka, Kamala Harris, than spend half hours to listen and digest what this man says.
She not giving away her money
Exactly. She's making money by stealing it from taxpayers and keeping a "commission" for herself while pretending to fix problems.
Everyone should study Davy Crockett. He lost the vote because he gave the people's money away.
TRUMP 2024 🇺🇸
Very wise man.
I’m sorry, but “educating” Willie Brown’s Hummer Queen is an impossible task even for someone as skilled in this area as Dr. Thomas Sowell. She’s far, far beyond help.