Seems like a typical govt approach. Take a problem and make it worse. If we’re so inclined to move our country in a socialistic direction, then at some point the govt is going to want to own the real estate, and in other areas, nationalized police, nationalized schools, nationalized medical care, etc. That provides for everthing within/controlled by the govt, nothing outside the govt, and nothing against the govt. In so many ways, it seems we’re purposely destroying the very fabric that made our country strong, and the one word in your title explains it all - regardless of topic - PLANNED. Thanks Lena. You’re always spot on - well, most of the time. Have a great day.
This looks to be, among other things, a Trojan Horse for the Housing Downpayment Trust fund. It will be a vote-buying publicity stunt, just like student loans and the subsequent forgiveness. The forced selling of houses will have the same result as a wealth tax on stock investors, i.e., a forced sale which will undermine the market and hurt even the small 401K investor.
Remove the government from housing market meddling. (See Amendment 10 in US Constitution.)
Still, it's nice to see someone wanting to do SOMETHING about corporate bullies like Black Rock.
Seems like a typical govt approach. Take a problem and make it worse. If we’re so inclined to move our country in a socialistic direction, then at some point the govt is going to want to own the real estate, and in other areas, nationalized police, nationalized schools, nationalized medical care, etc. That provides for everthing within/controlled by the govt, nothing outside the govt, and nothing against the govt. In so many ways, it seems we’re purposely destroying the very fabric that made our country strong, and the one word in your title explains it all - regardless of topic - PLANNED. Thanks Lena. You’re always spot on - well, most of the time. Have a great day.
This looks to be, among other things, a Trojan Horse for the Housing Downpayment Trust fund. It will be a vote-buying publicity stunt, just like student loans and the subsequent forgiveness. The forced selling of houses will have the same result as a wealth tax on stock investors, i.e., a forced sale which will undermine the market and hurt even the small 401K investor.
Remove the government from housing market meddling. (See Amendment 10 in US Constitution.)
Still, it's nice to see someone wanting to do SOMETHING about corporate bullies like Black Rock.
Very well said Lena. As with any bill, there will be changes. How far they get away from addressing the problem is the question. Thank you.