Its almost like he wants people to feel richer while getting deeper in debt/less likely to have enough for retirement. Also – this is a benefit for homeowners (who we already subsidize). Perhaps we should help renters too.
There has to be better ways to help people keep their homes. Perhaps things like:
* Longer and more generous unemployment insurance
* Housing assistance programs or loans
* Incentivize banks to temporarily suspend or reduce payments, and then modify loans to spread missed payments over time instead of foreclosing.
* Eviction process safeguards
* Renter protection
* …
lqIpI on
Is real estate or the SP500 more overvalued?
I advocate a small rental near a big park, with diversified investments and lots of hope
-newhampshire- on
Maybe try allowing retirement accounts to pay off student loans without penalty or tax.
spikey_wombat on
Even if this happens, doesn’t this actually inflate the housing market as more money is now chasing the same number of homes?
Dismal-Incident-8498 on
You can already do this without tax penalty.
RockieK on
HAHA… WHAT retirement??????
popejohnsmith on
Epstein files now. Stop the stall.
spamcandriver on
Executive orders are not laws. Not how this works and he also doesn’t control the IRS.
Poles_Apart on
Good, IRAs allow you to do this but younger people usually have one or the other, expand the option to 401ks. Homeownership is part of a valid retirement plan.
Cold_Specialist_3656 on
Anything to prop up Boomers house prices for the final rug pull!
bindermichi on
Let’s be honest here. Most people won‘t need a retirement if they can‘t afford healthcare to even get that old.
n0rsk on
What if…. We built more starter houses
Increasing just demand will just make houses even more out of reach for people. Gotta fix the supply side but that will take an act of Congress not some half baked executive order.
Sensitive-Bet1717 on
Get them saddled to a house and be a work slave.
Aromatic_Employ3392 on
This man is coming up with the most ridiculous solutions to every problem
14 Comments
Its almost like he wants people to feel richer while getting deeper in debt/less likely to have enough for retirement. Also – this is a benefit for homeowners (who we already subsidize). Perhaps we should help renters too.
There has to be better ways to help people keep their homes. Perhaps things like:
* Longer and more generous unemployment insurance
* Housing assistance programs or loans
* Incentivize banks to temporarily suspend or reduce payments, and then modify loans to spread missed payments over time instead of foreclosing.
* Eviction process safeguards
* Renter protection
* …
Is real estate or the SP500 more overvalued?
I advocate a small rental near a big park, with diversified investments and lots of hope
Maybe try allowing retirement accounts to pay off student loans without penalty or tax.
Even if this happens, doesn’t this actually inflate the housing market as more money is now chasing the same number of homes?
You can already do this without tax penalty.
HAHA… WHAT retirement??????
Epstein files now. Stop the stall.
Executive orders are not laws. Not how this works and he also doesn’t control the IRS.
Good, IRAs allow you to do this but younger people usually have one or the other, expand the option to 401ks. Homeownership is part of a valid retirement plan.
Anything to prop up Boomers house prices for the final rug pull!
Let’s be honest here. Most people won‘t need a retirement if they can‘t afford healthcare to even get that old.
What if…. We built more starter houses
Increasing just demand will just make houses even more out of reach for people. Gotta fix the supply side but that will take an act of Congress not some half baked executive order.
Get them saddled to a house and be a work slave.
This man is coming up with the most ridiculous solutions to every problem