And should we use federal tax dollars or taxpayers money to do that? Well, if you talk to anybody that's in the housing Business. They'll tell you By the federal government walking in and plopping down $25,000, you've just increased the cost of housing by about $25,000. It doesn't work. The number one reason people can't afford homes, including in my own family, is interest rates. So people who want to go move up in a house can't do it because they're at a 3%. (22:41–22:49)
CLAIM
Asserts that a $25,000 government subsidy for homebuyers increases housing costs by the same amount.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
