As a homeowner I’m ok with this if it comes with rules against owning more than one home or corporate ownership. Also, the lowering needs to be fairly slow or come with foreclosure protections to avoid problems for people with loans against the current value of the home they are living in. Otherwise, there’s no assurance that individuals will have access to these lower priced homes.
As a homeowner I’m ok with this if it comes with rules against owning more than one home or corporate ownership. Also, the lowering needs to be fairly slow or come with foreclosure protections to avoid problems for people with loans against the current value of the home they are living in. Otherwise, there’s no assurance that individuals will have access to these lower priced homes.