Single Income Home Ownership - The American Dream

It’s time to end the labor inflation that has enslaved American families. It often requires both partners working full-time, while delaying marriage and starting families, just to save for YEARS for a down payment on a house. Americans are suffering the stress of busy work schedules, balancing the costs of day-care, and struggling financially, all while missing meaningful time with the family. Dramatic action must be taken to reduce inflation across the board, particularly in housing. Taxation must be revamped. Government land should be opened with massive public works projects undertaken to found new cities with an unprecedented increase in family home construction. ‘The American Dream’ is just an empty slogan if radical measures are not enacted to specifically bring about this once reality.

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Along the same lines, RFK Jr is proposing a 3% first-time homebuyers rate, funded by bonds. The interest rate has a major effect on the monthly payment and by lowering this rate, and doing away with the down-payment, more would qualify for home ownership. Just look at their current rent payment amounts.

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