Vincent Oriedo, a biotechnology scientist, had just such a question. What lessons have been learned, he asked, from Harris’s defeat in this vital swing county in a crucial battleground state that voted for Joe Biden four years ago, and how are the Democrats applying them?
“They did not answer the question,” he said.
“It tells me that they haven’t learned the lessons and they have their inner state of denial. I’ve been paying careful attention to the influencers within the Democratic party. Their discussions have centred around, ‘If only we messaged better, if only we had a better candidate, if only we did all these superficial things.’ There is really a lack of understanding that they are losing their base, losing constituencies they are taking for granted.”
“We have set ourselves up for generational loss because we keep promoting from within leaders that that do not criticise the moneyed interests. They refuse to take a hard look at what Americans actually believe and meet those needs.”
Indeed only people who use it to buy a house. If everyone has 25K more, then housing prices go up by 25K.
How did you transmute “25k for families that haven’t missed a bill payment in 2 years and who are buying their first home” into “everyone getting 25k to buy a home”?
Do you just disagree with whatever endgame you imagine she’s reaching for, and are speaking to that? Like that policy is just shorthand for something like “everyone gets free money” and that would be bad, so her policy is bad?
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How do you transmute giving everyone free money into fixing a housing crisis?
The solution is extremely obvious, and has been done many times: government funded social housing.
Giving people more money to buy a house does not create houses out of thin air. It does not fix a supply shortage, it only exacerbates the crisis.
Making it non-viable for housing to be an investment asset would be more effective. Social housing is perpetually underfunded, and big centralized schemes invariably lead to social problems because of the ineffectiveness of central planning and the failure to involve the actual people living in the housing in the design of the projects. Also, the vast sums of money involved become pork for the big construction firms.
The shortcoming of that is the decades of decline as you destroyed the largest store of wealth people had up to that point.
First time buyers have had bonuses across the U.S. for years. It absolutely has nothing to do with house prices being higher. Texas does it, Tennessee, Florida, California… Probably everywhere
And the point is by offering up X dollars you increase the aberage price of homes rather than making them more affordable.
You know, I was being facetious, I didn’t actually want you to be more disingenuous…
Capitalism doesnt work, the end. Need a new and better system, not keep contributing to said system
In the meantime, other societies manage it better than we do. Maybe do more of that while we’re coming up with an entirely new economic system?
Are… you lost?
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Yes