Birdwatch Note Rating
2024-08-18 06:30:52 UTC - NOT_HELPFUL
Rated by Participant: BB8B18357F7322D73BD45F70C69D4876C0E6264B9A56E39F7FBB4C5AD7E3738B
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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