madness
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Everyone but a select few living in government housing is what they want, so it makes sense.
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There was a similar plan in Poland (the state would pay for the down payment) and the result was that the prices rose exactly by how much the down payment would be
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Bout to make existing homeowners much richer without fixing the housing supply problem at all.
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I ran out of ways to be amazed at how far CA was willing to shove its head up its own ass and moved away 2 yrs ago@
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It worked with student loans!
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I can't imagine this having unexpected consequences in an already fucked-up housing market...
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Hey Siri.. how can I double home prices quickly?
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Great I’ll raise the price of my home 100% then move to another state!
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