SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Broken_Clock who wrote (1344256)2/23/2022 8:30:28 PM
From: Tenchusatsu  Read Replies (1) of 1576444
 
Yes BC, I read that part, but I don't agree with the author's view:
That may sound like a great goal, but here is how they will achieve it. Instead of focusing on ways to better serve the owner-occupant segment, they instead will penalize everyone else!
Why should Fannie and Freddie focus on ways to better serve the owner-occupant segment when that segment is already well-served?

It's the market for secondary residences that is being supported (arguably even subsidized) by Fannie and Freddie. That in turn makes it easier for buyers to own second homes, which then distorts the market in the seller's favor.

I don't see how that subsidy can be unwound without penalizing the buyers. Government should not be in the business of helping people buy second homes. (It's even arguable that government should not be in the business of helping people buy primary residences, either, but whatever. Owning a home is still the "American Dream (tm).")

Tenchusatsu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News