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Op is talking about bailing out homeowners instead of mortgage lenders.
by ianai 6y ago
Op is talking about bailing out homeowners instead of mortgage lenders.
- alexmingoia 6y agoYou're right. It seems I misunderstood OP. I'm not sure how "bailing out the mortgages and giving people homes" would work? That means I could just get a free house? Wouldn't housing prices go to infinity? A homeowner could command any price since the government would cover any mortgage, and the bank would make more money the higher the mortgage.