Vice President Kamala Harris is facing backlash for a controversial new plan that promises to give first-time homeowners up to $25,000 from the federal government to help with a down payment on a house. The catch? The plan is loaded with conditions that have conservatives up in arms.
During her rally in North Carolina on Friday, the Democratic presidential candidate announced that families who have paid their rent on time for two years could get up to $25,000 to buy their first home. But there’s more. First-generation homeowners would get even more assistance, making it clear that the Harris-Walz administration is doubling down on market interventions.
But JD Vance, the Republican vice presidential candidate, is concerned that this plan could end up giving “American homes” to illegal immigrants.
He took to social media to express his disagreement with the plan, stating, “Kamala Harris wants to give $25,000 to illegal aliens to buy American homes. This will only further exacerbate the housing shortage in our country. It’s a disgrace.”
Vance wasn’t just concerned about the housing market. Earlier in the week, he addressed the growing issue of home affordability in America, pointing out that young people are increasingly being pushed out of homeownership.
“Americans, especially young people, are becoming paupers in their own country,” he said during a rally in Michigan. “If we don’t do better, our young generation, they’re not going to own anything, they’re going to be renters in the country that their parents and grandparents built. Inflation is a disaster.”
Kamala Harris wants to give $25,000 to illegal aliens to buy American homes. This will only further exacerbate the housing shortage in our country. It's a disgrace.
We should be making it easier and more affordable for American citizens to buy homes.
— JD Vance (@JDVance) August 16, 2024
Conservative commentator Ben Shapiro, also slammed Harris’ proposal. He called it a waste of money, arguing that it’s nothing more than a “handout” that taxpayers will end up paying for.
According to him, Harris’ “market interventionism is simply a sop to people who want free stuff from the federal government. And by the way, it ain’t free. We all get to pay for it, or rather, all of our children get to pay for it.”
Shapiro’s criticism points to a broader issue — the soaring median home prices under the Biden-Harris administration. While the prices have slightly dropped in 2023, they remain far higher than during the Trump years.
In addition to the housing plan, Harris also proposed a radical new idea to control grocery prices by banning corporate price-gouging. If implemented, it would be the first federal attempt at such price controls. Former President Donald Trump has compared the plan to failed Soviet policies that led to food shortages and economic collapse.