Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
