826 Comments
User's avatar
⭠ Return to thread
Kate Cahill's avatar

What about all this stuff of providing 20% downpayment on houses for first time home buyers?

Nice idea- but if you can't come up w/ the 20% how're you gonna make monthly mort. payments and keep up w/ the infrastructure? Not calling it a "Commie plot", but it is not practical or logical!!

Expand full comment
George the Zeroth's avatar

Wellll, I guess that would make it similar to the subprime loan shenanigans of the mid-2000s, resulting in a tidal wave of foreclosures. You think that could happen again?

Expand full comment