US Government to give $50K loans to unemployed home ‘owners’
I thought this was outrageous
I’m not without sympathy for the unemployed. But handing out $50K loans to someone already deeply in debt and who can’t pay their bills will only prolong their misery.
I’d rather we GAVE AWAY up to $5,000 to people in this circumstance to cover documented moving or legal expenses. Get these folks into a rental house or apartment they can afford, and put the house on the market for a reduced price, making housing more affordable for everyone.
Of course, our current administration is more interested in keeping house prices inflated than affordable housing.