Ray From Cleveland
Diamond Member
- Aug 16, 2015
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Blah, blah, blah.
You want housing prices to come down? Well you won’t accomplish that by handing out other people’s money to new home buyers. That just keeps the prices HIGH.
What you do is insist people buy only want they can afford. When enough people can’t afford to buy a house, then the prices will start to come down.
It’s the same reason that college tuition has skyrocketed. The government is subsidizing tuition.
And then consider the illegals. They have to live somewhere. The BP reports that 2 million have already entered the country this year alone. The national estimates is that there are 20 million in the country. Now that sounds like not much, but the problem is that 20 million figure hasn't changed in 20 years. How is it we've had nearly a constant flow of illegals entering this country yet after 20 years, we still only have 20 million? Are the same amount of illegals coming in also leaving the country?
Now that we know the left is lying to us as to how many are here, let's say we have 40 million illegals. Again, they have to live somewhere. So they take all the cheaper rents and housing. What's left for Americans? Not much. Then there is the supply and demand issue. When these illegals are using up our supply, what happens to prices in rental or home ownership?