6 ms·
Shot, meet chaser: https://www.kpbs.org/news/local/2023/04/10/california-first-time-home-buying-assistance-program-runs-out-of-money-within-two-weeks https://ww
by jmerz 3y ago
Shot, meet chaser: https://www.kpbs.org/news/local/2023/04/10/california-first-time-home-buying-assistance-program-runs-out-of-money-within-two-weeks https://www.kpbs.org/news/local/2023/04/10/california-first-...
I appreciate this as an anti-inequality measure, but it feels like in California low/med income buyers are being outpriced by a lot more than 20% of a down payment.
"We can fit 18 million groups into 14 million units of housing, as long as we pay 20% of the cost" feels like a really last ditch housing policy.