Birdwatch Note Rating
2024-08-18 12:36:45 UTC - HELPFUL
Rated by Participant: 59D8CA9542F9C982F1B581647422CFCAD4012F86CDAD612245FB2A0C3004AA2C
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
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