Real Estate and foreclosure thread

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Isn't that just helicopter money?
I mean, they gotta keep the circus afloat somehow.
That green paper with the funny pictures onnit is easy to print up and hand out.
A lot easier than having it all burn down on your shift.
 
Kinda yes and kinda no.... Because its all money that would/should have been flowing to the banks from borrowers as normal loan payments. It is a HUGE banker bailout and helps prop up the RE market.

However, it looks like they are now going through with the foreclosures, at least more than before. So time for the rug pull I guess.
 

Trump says U.S. to ban large investors from buying homes​

  • President Donald Trump said he’s immediately taking steps to ban large institutional investors from buying more single-family homes.
  • “People live in homes, not corporations,” he said.
President Donald Trump said the U.S. should bar large institutional investors from buying single-family homes, arguing that corporate ownership has helped push housing further out of reach for everyday Americans.

“For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans,” Trump said in a Truth Social post Wednesday.

More:

 
Large investors in single family homes is something that should never been allowed.
 
Back
Top Bottom