JOG
Serious Thumper
   
Offline

SuzukiSavage.com Rocks!
Posts: 2059
Longview, Texas
Gender:
|
The capitalist (or Libertarian) in me says "no", but something has to give when a solid 2 income household can't qualify for a loan.
The capitalist (or Libertarian) in me says "no"
Yeah,, controlling markets is a bit of a hallmark for forms of government that aren't anything like what America is built on.
, but something has to give when a solid 2 income household can't qualify for a loan.
Yeah,, if the big corporations are doing what a lot of individuals have done, buying a house and renting it out, then using the profits to do it again, and provided housing for people who couldn't afford to buy, or weren't planning on staying in the are long enough to make buying sensible, or just didn't Want to own a home and have to Be the Guy if it needed a roof,, If That is what the corporations are doing, and it certainly looks that way, then the middle class is about to get dropped economically. Renting costs more than owning. Period. And what they are doing is going to relegate the people who have done things right, lived responsibly, working to achieve The American Dream, owning their own homes, saving for their future and for the kids,, That will be crushed.
What to do about it? Phht,, I dunno..
|