4 ms·

So they basically gave $550 million to UMC homeowners by overpaying for houses, while making it slightly harder for other UMC wanna-be homeowners to buy homes f

So they basically gave $550 million to UMC homeowners by overpaying for houses, while making it slightly harder for other UMC wanna-be homeowners to buy homes for a couple months. Not the worst outcome I can imagine

mikewarot 5y ago
What does United Methodist Church have to do with this? UMC?
- jachee 5y ago
  “Upwardly Mobile Consumer” seems to fit, but I’ll admit it’s a guess.
- anchpop 5y ago
  Upper Middle Class
raducu 5y ago
Is it 100% guaranteee the $550 million won't be a bailout of some sorts?
whimsicalism 5y ago
Is the threshold for being "UMC" owning a home now? Most of these homes were not uber pricey.
- prawn 5y ago
  I think it was more shorthand for "someone at least able to be in the housing market".