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Real estate experts explain how the Harris-Walz housing plancould be a boon to homebuyers in multiple ways.
This would include stopping big investors from buying homes in bulk and marking up their prices.
They also seek to prevent price fixing a technique that can jack up rent prices exorbitantly.
The plan suggests that it would make homeownership accessible to more than 4 million people.
This gives hope to a lot of people who always thought housing was out of reach, he said.
Yes, the down payment assistance is a significant benefit, but theres more to it.
But with this kind of assistance, theyre given a fighting chance.
It Could Promote Overall Economic Stability
Housing stability directly influences a persons financial situation, Dinenna said.
Homebuyers can invest in their property without sacrificing their financial stability.
Even if Harris wins the election, many of these plans will still require congressional approval.
The reality of either candidates housing plans will be determined well after Nov. 5.
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