In a similar spirit, apparently, Senator Jack Reed (D-R.I.) has proposed a solution to America’s foreclosure problem (i.e. there are too many of them) and its rental problem (i.e. prices are too high). We should, Reed says, simply put renters in some of the available foreclosed homes.
How about encouraging homeownership with houses below 100k in the vast majority of areas in the country?
I knew this was going to happen with the rich buying off everything, being the parasites that they are, and force everybody else to be renters.
The neolib in chief apparently thinks this is a good idea.
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