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Homes "unaffordable" in 99% of nation for average American
(www.cbsnews.com)
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this post was submitted on 01 Oct 2023
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Interesting. Thank you for the very enlightening info. So the local government is providing interest-free loans to developers for BFR projects, when prevailing rates are over 5 percent?
If the scope of BFR subsidization is as large as indicated then it's probably buoying the housing market. A quick search found this glowing report on the BFR "boom".
https://rei-ink.com/the-build-for-rent-evolution/
Real estate developers getting free government loans from public treasuries. What could possibly go wrong?