Quote:
Originally Posted by ASAP
5) 5% downpayment on homes? Why LOL? this should ABSOLUTELY not be allowed... other countries around the world would scoff even remotely at the idea
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Why shouldn't it? The average American doesn't have a 20% dp in the bank & an emergency fund & a decent retirement account etc.
So you want no one but the wealthy to be able to buy a home? Brilliant.
