Posted on 08/10/2011 1:41:45 PM PDT by tpmintx
WASHINGTON (AP) -- The Obama administration may turn thousands of government-owned foreclosures into rental properties to help boost falling home prices.
(Excerpt) Read more at hosted.ap.org ...
This could work to boost home prices, and it also saves the cost of hiring bulldozer crews to demolish the houses. Renters will do that for free.
ROFLOL, Put all current property in a trust for your kids, you then become homeless and can rent to own for a dollar down. You can then rent the kids house out for their education.
Hey, I agree!
I have ALWAYS said that right is right. And wrong is wrong
and that is the compass to go by.
Just disappointed that Bush would have had ANY finger in
this to push CRA project along and hurt the free market
by forcing lenders to make loans to people that just flat
shouldn’t be getting them. That’s all.
Thanks for sending me that link, and have a SUPER day! :)
Oh!
PS: Back when Bush was President, I called him out when I
thought he was wrong, btw.
Recall the CFR Campaign Finance Reform that he SIGNED and
basically shrugged it off saying he thought that SCOTUS
would knock it back anyway? Well, I emailed him AND VP Dick Cheney trying to get him to VETO or pocket veto that.
But he signed it anyway and SCOTUS upheld the d@mn thing! :(
I also didn’t agree with Bush re his Immigration ideas.
But on the WOT War on Terror, he was bullseye, imho. And I
think overall he was pretty good. A LOT better than this
MARXIST we have as POTUS now, the Obama Regime !!
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