5min chapter

The Memo by Howard Marks cover image

Shall We Repeal The Laws of Economics?

The Memo by Howard Marks

CHAPTER

Economic Challenges of Homebuyer Subsidies and Wage Laws

This chapter examines a proposed $25,000 down payment subsidy for first-time homebuyers and its potential impact on housing prices and enforcement issues. It also delves into recent economic legislation in California, focusing on the unintended consequences of minimum wage increases and the broader implications for funding social programs.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode