As to no surprise, one of Kamala's recent economic policies has concerning impacts of not just distortion of the markets but worsening of our open borders.
Before diving deep into her national economic policies we must step back and see where she could originate her ideas from.
According to the Independent California, as of recent, is one step closer towards giving free state-sponsored homes to illegal immigrants.
The only thing left for the bill to become law is having the governor sign it.
California, which is Kamala's home state, is known to have the worst housing crisis in the country.
This mess was all done by the constant horrific policies supported by Democrats.
As Republican opposition has been overridden by the Democrat majority, it's not at all unexpected that Republican Brian W. Jones, State Senate Minority Leader, has said "Many generational Californians can't afford to buy a house in their home state thanks to Democrats' unsustainable economic policies.”
The destructive forces of a beautiful state has yet again seem to have prevailed as usual under a Democratic supermajority rule.
This brings us back to her unraveling of one of her policies that supports the federal government giving up to 25,000 dollars to first time homebuyers.
This may sound helpful or nice on the surface but underneath the innocent sounding headline comes the unintended consequences; both economic and potentially in our national security.
Ken Johnson, professor of finance and the Walker Chair of Real Estate at the University of Mississippi, warns that offering widespread down payment assistance would be like “throwing gasoline on an already on-fire housing market".
He’s one of several economists who spoke to Realtor.com, and he cautioned that Harris’ plan could backfire by stoking demand in an already hot housing market, driving home prices even higher.
To add insult to injury her policies are so vague that this leaves the possibility of copying the Califorinia housing policy as mentioned before which includes giving away free houses to illegal immigrants.
Her national policy on its own is already screaming failure but the other looming question is would she be opening up the chaotic policy to illegals immigrants?
The media has yet to ask her these critical questions.
If her policy accepts illegals to apply for such housing, this will increase not only our house prices nationwide but also worsen our border conditions and encourage more illegals to come, by giving them free government-sponsored houses on our taxpayer dime.
This entire policy going based off scant details from the Harris campaign has an estimated cost of “200 Billion over four years, and more if it becomes permanent”, according to the nonprofit policy group Committee for a Responsible Federal Budget.
In conclusion this will distort and destroy our housing markets, cause home prices to skyrocket, potentially increase illegal immigration which will add more artificial demand, and have US citizens foot the bill.
Even though the Harris campaign has put in incentives to increase supply for homebuilders, economists have said it's not enough to offset the demand and the impact her policy will bring as our housing supply still lags behind.
This will destroy the American Dream of citizens wanting to purchase a home by competing in an already scarce supply of affordable homes while being stifled by the possibility of an illegal skipping them over and getting a house on citizen taxpayer expense.