Tapping 401(k)s for Down Payments Won’t Fix the Housing Crisis — It Will Make It Worse
The Trump administration is signaling a proposal that would allow Americans—particularly first-time homebuyers—to tap their 401(k) retirement savings to fund a down payment on a home. On the surface, the proposal is framed as a lifeline for younger Americans struggling to enter the housing market. With down payments rising significantly in recent years, the administration […]
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