ilmscore | WHITE HOUSE: Get Paid To Buy A Home

WHITE HOUSE: Get Paid To Buy A Home

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
Zillow predicts that due to high housing costs, more Americans will rent single-family homes in 2024, making them the new starter home.
"high housing costs will drive more Americans to become home renters instead of homeowners in 2024 at least that's according to Zillow who says the housing unaffordability will make the new starter home a single family rental in America"
Housing Market Trends
Pending
A $45 billion program has been established to subsidize landlords in converting vacant offices into residential buildings to increase housing supply.
"The White House passed a $45 billion program to give money and subsidize office landlords that way they can convert their offices into residential buildings."
Housing Market
Pending
The 'Neighborhood Homes Investment Act' offers tax credits to incentivize the redevelopment or construction of single-family to four-unit properties in distressed areas.
"This new bill is a tax credit available for people Builders and investors who want to redevelop or build a single family to a 4 unit property in distressed neighborhoods."
Housing Market
Pending
The Neighborhood Homes Investment Act aims to generate $125 billion in development revenue.
"Their goal with this program is to generate $125 billion in development Revenue."
Housing Market
Pending
The President's budget proposes expanding rental assistance to over 200,000 additional households, including a specific guarantee for low-income veterans and former foster youth.
"The president's budget proposes expanding rental assistance to more than 200,000 additional households including a first-of-its-kind rental assistance guarantee for low-income veterans and former Foster youth."
Housing Market
Pending
Continued government spending of borrowed money is predicted to lead to increased inflation.
"If the government keeps spending money they don't have which is what we've seen them do and they what they will continue doing that's going to have an impact on the economy what is that impact more inflation."
Economy
Pending
Inflation is expected to benefit the wealthy and financially educated while negatively impacting the financially uneducated.
"Inflation disproportionately benefits the wealthy and the financially educated but it disproportionately hurts the financially uneducated."
Inflation
Pending
Zillow predicts that due to high housing costs, more Americans will become renters than homeowners in 2024, with single-family rentals becoming the new starter home.
"High housing costs will drive more Americans to become home renters instead of homeowners in 2024 at least that's according to Zillow who says the housing unaffordability will make the new starter home a single family rental in America."
Housing Market
Pending