Quote:
Originally Posted by kingkilburn
We could have state banks offering revenue neutral federally subsidized home loans instead of federal handouts for private banks to hustle people on loans for houses they shouldn't qualify for.
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So like, student loans but for houses? Who is setting prices for the houses? Gov-assisted loans don't do anything except enable the selling entities to price-hike their product with the assumption that the fed(taxpayers) will cover it. This is how colleges are able to charge 100k for a degree in art to 18 year olds so the President of the University can make 500k/year.
10-09-2020, 02:24 PM
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