4 ms·
The seems like a nothingburger. Going after "big bad" corporations probably feels good to voters, but (iirc) studies have shown have low/no effect. Eliminating
by xnx 4mo ago
The seems like a nothingburger. Going after "big bad" corporations probably feels good to voters, but (iirc) studies have shown have low/no effect.
Eliminating Fannie mae/Freddie Mac would've done a whole lot more to lower house prices.
- dlcarrier 4mo agoAlso, pretty much every apartment complex is corporate owned. At least it doesn't matter that the law doesn't do anything, because it's easily worked around by having a separate company broker purchases.
- Beestie 4mo agoEliminating Fannie and Freddie would constrain the funds available for mortgage loans and prices would skyrocket. Until about 20 years ago, both were great and valuable institutions. Long story. Shutting them down would be a catastrophic disaster to housing affordability.
- xnx 4mo ago> Eliminating Fannie and Freddie would constrain the funds available for mortgage loans and prices would skyrocket Wouldn't less mortgage money available for homes make the prices of homes drop?
- stogot 4mo agoEven if: If people can’t get a loan, then the only ones who can afford to buy a discounted home are the wealthy. Now you have two proboems