Birdwatch Archive

Birdwatch Note Rating

2024-05-12 22:56:31 UTC - HELPFUL

Rated by Participant: 5EEAAAA4108985E10FA1CA8C10856E59CA1B51CBA4065ABFC5EA94E07DD03197
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Original Note:

Misleading - Biden’s plan would not give homebuyers a monthly payment of $400. Rather, it is an annual tax credit equal to $400/month. https://x.com/Acyn/status/1765935507542806579 The image shown claims this would lower housing prices. However, incentivizing demand will lead to higher housing prices. https://news.bloombergtax.com/tax-insights-and-commentary/biden-housing-tax-credit-targets-demand-but-supply-is-the-issue

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Original Tweet

All Information

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