Kamala Harris has a new advertising push to draw attention to her plan to build 3 million new homes over four years, a move designed to contain inflationary pressures that also draws a sharp contrast to Republican Donald Trump’s approach.

Harris, the Democratic nominee for president, highlights her plan in a new minute-long ad that uses her personal experience, growing up in rental housing while her mother had saved for a decade before she could buy a home. The ad targets voters in the swing states including Arizona and Nevada. Campaign surrogates are also holding 20 events this week focused on housing issues.

In addition to increasing home construction, Harris is proposing the government provide as much as $25,000 in assistance to first-time buyers. That message carries weight at this moment as housing costs have kept upward pressure on the consumer price index. Shelter costs are up 5.1% over the past 12 months, compared to overall inflation being 2.9%, according to the Bureau of Labor Statistics.

“Vice President Harris knows we need to do more to address our housing crisis, that’s why she has a plan to end the housing shortage” and will crack down on “corporate landlords and Wall Street banks hiking up rents and housing costs,” said Dan Kanninen, the campaign’s battleground states director.

  • GBU_28@lemm.ee
    link
    fedilink
    English
    arrow-up
    3
    ·
    4 months ago

    I think we can all agree the government subsiding essential needs is a good thing.

    Many more folks would have a chance at ownership of the 70k vs the 100k and if we change the object from a car to a hypothetical essential good, that’s and essentially good thing to expand the group of people accessing it

    • BlackLaZoR@fedia.io
      link
      fedilink
      arrow-up
      1
      ·
      4 months ago

      Except this is wasteful. It just took 30k that otherwise would be spent on something else, and spent that on a car. Someone else lost 30k of sales.

        • BlackLaZoR@fedia.io
          link
          fedilink
          arrow-up
          1
          ·
          4 months ago

          You’re only worried about your own bottom line.

          First, being worried about my own bottom line is my sacred right.

          Second, moving money like this is very similar to the broken window fallacy. Wealth is wasted in the end

          • StinkyOnions@lemmy.world
            link
            fedilink
            arrow-up
            4
            ·
            4 months ago

            First, being worried about my own bottom line is my sacred right.

            Thanks for confirming that you’re a selfish prick.

      • GBU_28@lemm.ee
        link
        fedilink
        English
        arrow-up
        2
        ·
        4 months ago

        I have changed the topic from a car, and highlighted that the subsidy dollars should be used on more critical things. Ya know, like housing.

        There’s no waste then , because people need homes, and the subsidy allows more people to access them