this post was submitted on 05 Apr 2025
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This is effectively the same as the government paying some of the cost of making houses. Meaning that if they make more houses, they get 'paid' by the government, by paying less taxes. They pocket the savings because that is what the government gave to incentivize them making more homes.
How does that lower the cost of homes though?
Edit: to be clear, I mean the cost to the buyer, not the builder.
if you make more homes, then the value of each home individually would drop.
That's not how it works in reality, unfortunately.
How so?