A key element of Kamala Harris's economic plan is her proposed $25,000 tax credit for down payment assistance for first-time home buyers. In a recent interview on the "All the Smoke" podcast, she emphasized that the goal of the plan is to help these buyers get their foot in the door. Matt Barnes, a former NBA player and podcast host, remarked, "They'll grind after that," suggesting that once buyers secure a home and a long-term mortgage with government assistance, they will do what it takes to maintain ownership and meet their mortgage obligations. This philosophy mirrors that of George W. Bush, who, in 2003, signed the American Dream Downpayment Assistance Act to help first-time home buyers get their foot in the door. How did this approach work out for Bush, and is Harris attempting to take us down the same path? Join the conversation and get answers to these questions and more on According2Sam episode #251.
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