>so that getting a mortgage wouldn't be hard for them in the first place.
So, you think that paying massive amounts of interest to financial institutions, over decades, all while being tied to a specific physical location and having a disproportionate amount of your wealth tied up in a single asset class is "fiscally responsible"?
>We need less stupid people, to put it frankly.
The word you're looking for is "fewer".
>he actually has spoken in depth about how to fix the underlying bullshit that keeps so many Americans renters
I appreciate many of his views, but if his platform has anything to do with "turn renters into owners" then it demonstrates his lack of economic wisdom, and will be part of the reason he won't get elected.
Can you not sell your house and refinance it under a new owner? You pay off your current loan with the bank money they take out to buy the house from you.
I think the fundamental point is simple - if you are renting, you are consuming. If you own, you are partially investing. On the other side of life, either you have purchased an asset or have nothing to show for a significant portion of your time.
So, you think that paying massive amounts of interest to financial institutions, over decades, all while being tied to a specific physical location and having a disproportionate amount of your wealth tied up in a single asset class is "fiscally responsible"?
>We need less stupid people, to put it frankly.
The word you're looking for is "fewer".
>he actually has spoken in depth about how to fix the underlying bullshit that keeps so many Americans renters
I appreciate many of his views, but if his platform has anything to do with "turn renters into owners" then it demonstrates his lack of economic wisdom, and will be part of the reason he won't get elected.