“Let’s go a step further and provide relief to those who need relief the most ”
Yep, I vote for relief for people who need it the most – the renters. We should look up the highest amount of ‘relief’ provided to a single homeowner by this ass-backwards proposal, and then match that amount for every renter out there.
Who should pay for this new renters’ subsidy? Well, I vote for homeowners. Create a new tax on them, to subsidize renters.
All this is totally nonsensical. Many of our economic problems arose from spending too much on housing, with too much financing, at prices that were too high. This proposal simply funnels yet more subsidies to people who engaged in all these behaviors. Whatever you tax, you get less of, and whatever you subsidize, you get more of.
