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Expert Reveals the ONE Big Problem With Harris’ $25K ‘First-Time Homebuyer’ Scheme

Charlie Kirk Staff

08/17/2024

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Expert Reveals the ONE Big Problem With Harris’ $25K ‘First-Time Homebuyer’ Scheme

Common sense is not common and Vice President Kamala Harris, the Democrat nominee for president that never got a single vote in any presidential primary on her own, has proven that.

When she announced her economic plan this week part of it included a $25,000 down payment assistance for first time home purchasers.

Common sense might have a normal person guess that the only accomplishment that would come from such a program, that would come at the expense of taxpayers, if that the price of homes would rise by $25,000.

But when a presidential candidate who was raised by a Marxist father wants to implement a communist agenda, common sense be damned.

Matt Gorman, who was on staff for former presidential candidates and South Carolina Republican Sen. Tim Scott, tore the idea apart.

“This new program that she’s doing is pretty far left, $25,000, price controls, essentially, that’s number one. The other thing is, you know, she kind of conveniently forgot she was vice president for the last four years when a lot of housing market crisis was at its worst, when inflation was at its worst. So there’s a lot of memory holding that,” he said.

“But look, when it comes to the 25k, I mean, you just added $25,000 to the price of every home price in the country, because if you’re giving that away, essentially for free, people will add it into the price,” Gorman added.

Again, this would be commons sense for the vast number of people with even a rudimentary comprehension of economics, but not for Vice President Harris as it was for others.

“When you’re running for president, you throw everything at the wall, offer it all for free, and hope something sticks. But let’s be real—that $25,000 giveaway to homeowners? There is zero chance of this happening. It’s classic political theatre. What matters is whether policies actually get implemented, not just proposed. Investors like myself are looking for a deregulated environment where businesses can thrive, not Soviet-style price controls. Harris needs to move to the middle and drop Bidenomics like the hot potato it is, or she’s in for a rude awakening,” Shark Tank Star Kevin O’Leary said on X, formerly Twitter.

“VP Harris is right it’s the American dream to own your own home. But careful what you wish for. Remember 2008 when millions got homes they could not afford? It broke banks and nearly the system. How would gifting everyone a $25,000 down payment affect inflation and the economy?” Geraldo Rivera said.

“Desperate Kamala Harris buying votes with your tax dollars at $25,000 a pop. Of course, the economic illiterate doesn’t care if throwing even more money into the economy further inflames inflation,” Fox News host Mark Levin said.

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Charlie Kirk is the Founder and President of Turning Point USA, a national student movement dedicated to empowering young people to promote the principles of free markets and limited government.

Charlie is also the host of “The Charlie Kirk Show” podcast, which regularly ranks among the top-10 news shows on Apple podcast news charts, and is the host of the nationally syndicated daily radio show on the Salem Radio Network live from 12 - 3 PM ET.
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