Birdwatch Note Rating
2024-08-17 23:05:56 UTC - NOT_HELPFUL
Rated by Participant: 50CC7C45F9E970C2FAD4A838A935162EA353089C006FEA119CC81E1FB95523DF
Participant Details
Original Note:
Basic economic theory suggests that in a market with a shortage of supply, increasing demand (through a credit or subsidy) typically leads to higher prices rather than lower prices. Thus, offering a $25,000 credit to homebuyers in a housing⬤ https://www.bostonfed.org/-/media/Documents/commdev/smart-subsidy/10-triest.pdf#:~:text=URL%3A%20https%3A%2F%2Fwww.bostonfed.org%2F
All Note Details