House to spend $15 billion to buy and fix up foreclosures?
Isn't this OUR job? Foreclosures a good way for lower income families to buy a home, a boon to a lagging economy, a way for some of us to invest in our future. Why is government getting involved? There are more important issues than someone overextending themselves. (Sure i will get beat up for that remark)
Public Comments
- I'd like to see the link on where you saw this??
- Yeah, but there are some areas that are so bad that nobody will buy the houses. These are the areas being targeted. Don't worry, the gov't is bound to screw up the legislation somehow, there will still be plenty of foreclosures left.
- I am outraged like you, but I just find it appalling that our gov't is spending money we do not have right now to fix up these homes and bail owners out, when we have far more pressing health care and education issues. If we educated people, then maybe they would stop signing contracts for things they can not afford!
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