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 1194 times)
Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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« on: April 12, 2016, 09:35:56 AM »

In a country where policy and culture both heavily favor homeownership, mortgages and foreclosures are important issues for a ton of people. I'm glad this is getting discussed.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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Posts: 34,531


« Reply #1 on: April 12, 2016, 10:14:52 AM »
« Edited: April 12, 2016, 10:34:40 AM by What shall make their sap ascend? »

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'.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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Atlas Superstar
*****
Posts: 34,531


« Reply #2 on: April 12, 2016, 11:00:14 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?
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
Moderators
Atlas Superstar
*****
Posts: 34,531


« Reply #3 on: April 12, 2016, 11:16:00 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.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
Moderators
Atlas Superstar
*****
Posts: 34,531


« Reply #4 on: April 12, 2016, 11:33:33 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.

Because it's obvious, and because it's not my point.

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That to make the housing market a cavalcade of one industry-wide scam, cultural pressure point, and bad, guilt-tripping policy push after another, and then say--especially with wages and economic security in general being what they are these days--that people facing the possibility of homelessness for being taken for a ride and not being able to keep up is Just The Way The Market Goes, is morally indefensible.
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