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Joe Biden wants more people to start living in empty offices (www.businessinsider.com)

submitted 10 months ago by sandro_linux@lemmy.ml to c/worldnews@lemmy.ml

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[-] ComfortablyGlum@sh.itjust.works 70 points 10 months ago* (last edited 10 months ago)

if the offices are empty, why not use that money for a government program to guarantee down payments of first time home buyers?

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/

[-] Tak@lemmy.ml 30 points 10 months ago

The President has also proposed a $10 billion down payment assistance program that would ensure first-time homebuyers whose parents do not own a home can access homeownership alongside a $100 million down payment assistance pilot to expand homeownership opportunities for first-generation and/or low wealth first-time homebuyers.

I don't think what they are doing is as strong as you imply.

"Sorry your parents have a home they got in 1996 for basically nothing"

[-] entropicdrift@lemmy.sdf.org 29 points 10 months ago* (last edited 10 months ago)

There's nothing wrong with favoring the people with the least generational wealth first and foremost

[-] tillary@sh.itjust.works 8 points 10 months ago* (last edited 10 months ago)

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.

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this post was submitted on 28 Oct 2023

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