SxyxS on 03 April 2013
| Soleron said: I have a solution to this. Build a ton of houses, especially in areas where regulations would normally stop them (zoned farmland, overbearing safety directives, etc.). This will push prices down enough so everyone can afford to buy, while actually improving the likelihood they can pay back the loan. |
I'm not an expert,but as soon as a bubble implodes the prices will be pushed down anyway.
Let's imagine there are 20 million families needing a house.Give each family 100000 dollar to buy a house.That will be 2 trillion dollar-less than 1/4 of debts Obama made in 5 years.
You even don't need to give the money for free but lend at 0-0.25% interesst rate(just like the private banks do)-this will solve many problems.
