The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy for first-time home buyers; and a child tax credit that would provide $6,000 per child to families for the first year of a baby’s life.
I’m not in the US, so I’m a little detached from this but does the US have an issue with house sales at the moment?
I’ve only heard of buying issues. Why wouldn’t this just increase prices by $25k? That’s precisely what we witnessed in the UK whenever the government offer assistance, there are always buyers so the market swallows up the extra capital and prices increase to offset.