this post was submitted on 28 Oct 2023
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The Biden administration is doing that also, it just doesn't make as good a headline.
https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/16/white-house-announces-new-actions-on-homeownership/
There's nothing wrong with favoring the people with the least generational wealth first and foremost
I'm happy for those people who will benefit. But try being a kid of parents who have the mindset of "FU I got mine". I'm not on favorable terms with my parents and won't see a penny until they've passed, if they decide to give me anything at all.
It's an odd requirement that should've been workshopped a little more.
Then why are we giving twice that to developers who own office buildings?
Always happy to be pleasantly surprised.
Even tho it's half what developers are getting, it's better than nothing.