Progressive Groups Targeting Julian Castro's HUD Record (user search)
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  Progressive Groups Targeting Julian Castro's HUD Record (search mode)
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Author Topic: Progressive Groups Targeting Julian Castro's HUD Record  (Read 1216 times)
DrScholl
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Posts: 18,395
United States


Political Matrix
E: -5.55, S: -3.30

« on: April 12, 2016, 09:48:18 AM »

If you can't pay your mortgage, you lose your home, period. I'm not sure why some people feel as if foreclosure is some sort of unfair oppression by the 1%.
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DrScholl
Atlas Icon
*****
Posts: 18,395
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #1 on: April 12, 2016, 10:56:01 AM »

If you can't pay your mortgage, you lose your home, period. I'm not sure why some people feel as if foreclosure is some sort of unfair oppression by the 1%.

I mean, to be honest, 'if you can't [do X], you lose your home' is never a 'just' way to run a housing economy, even if it is 'fair'.

That's where supply and demand comes in. There is also the fact that many people take loans out that they cannot afford to pay back. Granted, the banks were giving no money down loans, so there is a lot of responsibility on the banks as well.

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DrScholl
Atlas Icon
*****
Posts: 18,395
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #2 on: April 12, 2016, 11:14:36 AM »

If you can't pay your mortgage, you lose your home, period. I'm not sure why some people feel as if foreclosure is some sort of unfair oppression by the 1%.

I mean, to be honest, 'if you can't [do X], you lose your home' is never a 'just' way to run a housing economy, even if it is 'fair'.

That's where supply and demand comes in.

...what?

Houses cost money. Not everyone can get a free house, because it would be impossible to maintain such a system. If you don't understand that, I don't know what to tell you.
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DrScholl
Atlas Icon
*****
Posts: 18,395
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #3 on: April 12, 2016, 11:19:13 AM »

If you can't pay your mortgage, you lose your home, period. I'm not sure why some people feel as if foreclosure is some sort of unfair oppression by the 1%.

I mean, to be honest, 'if you can't [do X], you lose your home' is never a 'just' way to run a housing economy, even if it is 'fair'.

That's where supply and demand comes in.

...what?

Houses cost money. Not everyone can get a free house, because it would be impossible to maintain such a system. If you don't understand that, I don't know what to tell you.

I understand that good and well (and would appreciate not being talked down to), but 'muh supply and demand' doesn't even come close to addressing what I said.

When you replied, you edited out the rest of my post to ignore the point about people taking out mortgages they couldn't afford, which leads to foreclosure. I'm not exactly sure what your point is.
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