California Senate committee advances a bill that would provide no money down/zero percent interest home purchase loans to illegal immigrants. The amount of the loan is for up to 20% of the home’s value, and is intended to permit the illegal to come up with the down payment for a traditional mortgage. The loan is to be repaid when the home is refinanced, sold, or transferred. If a family decides to hold on to a home, there are no provisions for repayment, potentially allowing the loan to not be paid back. Ever.
No add to this Harris’ proposal to hand out another $25k, and you see what’s going to happen in California. Illegals will be the only ones who can afford homes in California.
4 Comments
Fast Eddie · August 22, 2024 at 2:01 pm
One of these days the people are going to get really pissed. It’s not going to be pretty. For the most part, many of us are good with that.
Jester · August 22, 2024 at 2:32 pm
Mean while, those of us that served in the military watch as folks just get everything handed to them that we had in many cases had to litterally fight for or go to war to get those benefits. Gosh I wonder if those of us that scraped and saved and served will get a cool 25K check in the mail. Or get some money back for the college benefits we served to obtain as part of the bargining chip. Must be nice to be of specific demographics and just endlessly have everything given away at tax payer’s expense.
Don Curton · August 23, 2024 at 6:11 am
So do housing prices instantly go up by 20%, or does the market lag by a few days?
TakeAHardLook · August 23, 2024 at 8:51 am
Providing a benefit that favors one demographic (race) over another is, at its core, RACISM.
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