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The fund must be backed by the country as such, like a reverse sovereign bonds and of course have provisions for people that can't afford to pay full for justif
by narag 6y ago
The fund must be backed by the country as such, like a reverse sovereign bonds and of course have provisions for people that can't afford to pay full for justified reasons.
Basing it in private entities is just asking for problems. Actually I've heard that there are a few countries that have something like that, but I don't remember which ones.
The fact that for most of the countries it isn't considered, no matter the party in power in each moment, makes me suspicious of everyone's intentions. Sometimes it seems politicians doesn't like when citizens are too happy.
Am I being cynical? Maybe. When I read in the article that the government massively buying real state is socialism, my first reaction is that prices will keep dropping and someone will buy cheaper later.