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Soultion to Mortgages for the Middle and Lower Class
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rusk2003
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Thu Aug-21-03 08:02 AM
Original message |
Soultion to Mortgages for the Middle and Lower Class |
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Edited on Thu Aug-21-03 08:12 AM by rusk2003
What they should do is instead of mortgaging themselves into the ground for fifteen to thirty years They should get together with a group of 50-200 households and build themselves each house in their neighborhood. It would be cheaper and they could live in and own it much sooner Or two familes go in and buy a group home what the lations do which is very smart.
Most middle and lower income people who have mortgages are getting mortgags useing rich people's money who put money in CD's thus makeing them richer on the poorman's hard labor. And it would improve the quality of life for the middle class and poor since they could afford a nicer home. Plus it will be much better well built since they will be living in it.
And it would mean less homless people since if someone lost their job they would be less likely to loose their home.
Good Idea or What:bounce:
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