• FundMECFSResearch@lemmy.blahaj.zone
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    1 month ago

    It’s assistance not giving. I think it’s just a fund you can borrow from to get enough to start a mortgage.

    It would also only apply to people who can’t afford the mortgage.

    So it’s not going to impact house prices in the sense you say it would. Except slightly increasing demand to buy and thereby decreasing demand to rent.

        • Liz@midwest.social
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          29 days ago

          I’d have to look at numbers to say one way or another. I do know that the bottom of the market is already disproportionately expensive for what it is, but it’s been a while since I learned about that that so I can’t explain it to satisfaction.