yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Kamala’s $25K Homebuyers Tax Credit Will Backfire


less than 1m read
·Nov 7, 2024

Kevin, look, I feel deeply for Jenzy. I can't imagine being a first-time home buyer and you're staring down, you know, million-dollar homes with huge interest rates. I mean, is that the plan that will work?

I got two Gen Z in my family right now, and they looked at that and said, "Wait a second. If you give everybody free money, you're just going to cause inflation." If everybody in the street has $25,000 extra dollars, there's only one home for sale. The seller is going to get the $25,000 by raising the price $25,000.

I've been very vocal about this policy. I'm in the real estate business; that's a really bad idea, an immensely bad idea, an incredibly bad idea. And I think somebody should talk about that one.

I'd like to interview her on that idea. I'll do the interview; I want it live. I want to do that interview 'cause I know real estate, I know state policy, I know regulation. Please let me do that interview. I would watch that interview, and I would watch it again and again.

Kevin O interviewing KLA Harris, let's make it happen!

More Articles

View All
Writing a differential equation | Differential equations | AP Calculus AB | Khan Academy
Particle moves along a straight line. Its speed is inversely proportional to the square of the distance s it has traveled. Which equation describes this relationship? So I’m not going to even look at these choices and I’m just going to try to parse this …
Terminal Lesson 25
Hey guys, this is Maads 101, and today I’m going to be talking about three terminal commands: sort, cut, and xargs. These commands are really great for dealing with large lists of file names or strings, so I think you’ll be glad that you learned them. Wh…
Geometric series convergence and divergence examples | Precalculus | Khan Academy
[Instructor] So here we have three different series. And what I would like you to do is pause this video and think about whether each of them converges or diverges. All right, now let’s work on this together. So, just as a refresher, converge means that…
YC SUS: Eric Migicovsky hosts founder office hours
Cool! I think so, yeah. Hi everyone, my name is Eric Michalski. Whoops! I just got a gift from Zune. My name is Eric Michalski. I’m a partner here at Y Combinator, and I’m the course facilitator for Startup School. Welcome to a new experiment that we’re g…
3 Sources of Water on the Moon
Is there water on the Moon? The obvious answer seems to be no. Because during a day on the Moon, which lasts 2 Earth weeks, the temperature on the lunar surface gets up to 123 degrees Celsius, which would be enough to boil away any water if the Moon had a…
What Do Con Artists and Religious Leaders Have in Common? With Maria Konnikova | Big Think
I think humans really have a deep desire for meaning, and it’s something that is really hardwired into us. So if you look at an infant who’s just learning about the world, that infant needs to learn rules of cause and effect. You know what happens? You st…