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Patswil

02/28/22 11:49 AM

#713067 RE: FOFreddie #713063

Thanks FoF Awesome post
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Louie_Louie

02/28/22 12:42 PM

#713071 RE: FOFreddie #713063

Thanks for the post on that info! Calhoun at the end there points out the political football turn over. Lol he is correct in assuming that, so he specifies earlier on about moving those goal posts but trying to anchor them. Basically try to follow a different path on housing fairness using the same tactics the past Trump admin used.

Every administration, if you notice, puts in place a good game talk, but all fall flat over their tenure of this shytfest. That's because none admit to the facts. You can only give so much away before you start destroying markets because no one can foresee moral hazard that will cause the next 2008 massive home walk away and leaving the keys at the bank.

I see many in the current college loan forgiveness group doing things just like that, walking away from a new car they trash out or house because they got away with 10's of thousands of forgiveness using taxpayer money to party or take a useless degree. The only people who should get loan forgiveness are those physically handicapped at a certain level or maybe those medical professionals who withstood a ton of covid service while it was going on. Idiots who made bad choices, absolutely zero forgiveness.

This all goes for housing as well. I think handicapped, mental or physical, yes help but would you want to fund a 300k mortgage with your tax dollars for a married couple who both walked via forgiveness from a combined 150k in student debt? I wouldn't.