Zeev's Turnips Talk Politics (ZTTP)

[OrangeFluffyCat]

And he's sure not helping matters trying to dream up ways that the lowest income people can buy homes now. He's not doing them any favor. Buy at the height of the bubble, watch values plummet, yet still owe the outsized purchase price. On top of it, it's the people who are least stable jobwise in life. They get to owe way too much money on a house, many will end up losing them, being forced into bankruptcy and destroying their credit. Others could be forced to sell at a loss, and heaven knows when they'd be able to dig their way out of that mess, or if they'd ever be able to own a home again. Bad enough to be left holding something it could take a decade or two just to get back to even on...