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Get real, why do Democrats want to use your tax dollars to force home sales to people who can not pay the mortgage? Isn't this how we got into this mess in the first place--government theft forcing the sale of homes.
"Sen. Alan Lowenthal, D-Long Beach, presented SB 958, a bill designed to acquire the maximum federal funds available for low-income, first-time home buyer mortgage assistance subsidies. The deja vu is in the obvious questions: Didn’t the state and country just experience a housing meltdown because of government subsidized, low-income mortgages? And isn’t the state still suffering from record foreclosures, short sales and tens of thousands of homeowners walking away from their houses because they are upside down and drowning in bad mortgages?"
This is why California is in a Depression and can not get out of it. The majority Democrats demand policies that harm the State, families and jobs.
They DEMAND bad policies. sick, sick, sick.
More...
"Sen. Alan Lowenthal, D-Long Beach, presented SB 958, a bill designed to acquire the maximum federal funds available for low-income, first-time home buyer mortgage assistance subsidies. The deja vu is in the obvious questions: Didn’t the state and country just experience a housing meltdown because of government subsidized, low-income mortgages? And isn’t the state still suffering from record foreclosures, short sales and tens of thousands of homeowners walking away from their houses because they are upside down and drowning in bad mortgages?"
This is why California is in a Depression and can not get out of it. The majority Democrats demand policies that harm the State, families and jobs.
They DEMAND bad policies. sick, sick, sick.
More...