Birdwatch Archive

Birdwatch Note Rating

2024-08-17 14:40:42 UTC - NOT_HELPFUL

Rated by Participant: 55C90F8B038626EB47BD2224230323512D2F19F35BEA053ED65A23D629287148
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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

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