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BumRushDaShow

(140,913 posts)
Tue Aug 27, 2024, 08:40 AM Aug 27

Harris campaign highlights housing plan in new ad

Source: The Hill

08/27/24 9:01 AM ET


Vice President Harris’s campaign unveiled a new ad Tuesday that highlights her plan to lower housing costs and end the housing shortage, with the Democratic nominee putting a personal spin on the proposal.

The one-minute ad entitled “Full House,” which Harris narrated, focused on her housing plan in the lens of her background.

“For most of my childhood, we were renters,” Harris said in the video. “My mother saved for well over a decade to buy a home. I was a teenager when that day finally came, and I can remember so well how excited she was.” “I know what homeownership means, and sadly right now it is out of reach for far too many American families,” the vice president added.

She vowed to crack down on corporate landlords buying housing and renting them at high prices and vowed to build new homes and rentals. “We should be doing everything we can to make it more affordable to buy a home, not less,” the Democratic presidential nominee said.

Read more: https://thehill.com/homenews/campaign/4849408-kamala-harris-campaign-ad-housing-plan-2024/



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Response to BumRushDaShow (Original post)

70sEraVet

(4,113 posts)
3. 'Coporate landlords' are killing individual home ownership!
Tue Aug 27, 2024, 10:07 AM
Aug 27

They snap up homes with cash offers, so that ordinary folks who have to work with a mortgage company never have chance.
They are determined to remake this country into a nation of renters.
I'm glad Kamala is planning to attack that.

Ladythatvotesblue

(218 posts)
4. Nice
Tue Aug 27, 2024, 10:11 AM
Aug 27

but ... Seniors are not allowed to save too much money, so how can they afford to make repairs to their homes to stay in them?
Right now, you have to charge the cost of a new roof at 25% interest.
Please do not overlook the financial difficulties that seniors are having.
Energy and food prices are killing us.

LauraInLA

(1,243 posts)
5. That sounds terrible! Why aren't seniors allowed to save money (assuming they have money to save, of course)?
Tue Aug 27, 2024, 01:15 PM
Aug 27

ArkansasDemocrat1

(3,167 posts)
6. Too much $$ and you lose your SSI, if you save to maintain it...
Tue Aug 27, 2024, 01:46 PM
Aug 27

You wouldn't believe the hoops my ex had to jump thru for her SSI

LauraInLA

(1,243 posts)
11. Oh, I see. That's terrible! My sister lived with us for several years before she died, and we were
Wed Aug 28, 2024, 09:46 AM
Aug 28

very grateful for SSDI, once she was deemed eligible. It just about paid for her oxygen tanks and not much else — I was very shocked by the small size of the monthly payment.

slightlv

(4,225 posts)
7. And its not just the savings issue...
Tue Aug 27, 2024, 04:19 PM
Aug 27

but trying to STAY in the house, thanks to higher and higher property taxes and insurance is killing us! I spent most of my 401k (what little there was of it after 2008) to pay cash for my "retirement" house. I thought, if I had a roof and four walls around me that belonged to me and not some bank or mortgage company, I'd be safe in our old age. Ha! The insurance, alone, this year is nearly killing us in trying to stay in it, and I haven't even gotten the tax bill. The fact that one of the insurance payments will come due at the same time as the taxes this year scares me to death. I don't know if I can save enough of our SS from one month to the next to make up enough to pay it all. We eat one meal a day around here, and that's pushing it where food costs are concerned. Add in meds, and we're wondering how we live from one month to another. The fact the house needs repairs? That's a wishlist that's somewhere over the rainbow here. I've got one part of the roof desperately needing to be replaced. Right now, we just try to keep enough buckets and bowls available when it rains.

There are too many houses around here that are up for sale and being bought by the "in any condition" folks. There is what I call a master plan to "gentrify" the city... which knocks most of us seniors and poorer folks out of homes we've owned for years, simply because we can't afford the property taxes that go along with that gentrification. And we live in a very small damned city!

While I applaud Harris/Walz on making home buying possible for the younger generation, I've not heard anyone talk about any relief on property taxes or insurance for any of us... but especially us seniors who are getting pushed further and further to the edge of despair. We worked a lifetime... most of us living month to month then... this is not what we envisioned our latter years to be... waiting to die so the worry stops.

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