• ECB@feddit.org
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    20 hours ago

    The UK had a similar scheme for first time buyers and it’s often cited by economists as one of the biggest things fueling their housing crisis.

    • Rekorse@sh.itjust.works
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      10 hours ago

      Its hard to take that at face value. The UK and the US have a lot of anti consumer perspectives.

      Do you have anything that describes the mechanism?

      Its sort of a similar arguement to food stamps raising food prices right?

      In either case its on the groups abusing a rule that are the problem, not the rule. There can be well worded regulations that minimize abuse, and we can also audit things.