very much so, while building inadequate equity towards intergenerational wealth. A policy proposal of the neofeudalists.

it doesnt do much for the demand side related to down payments or interest rates. It doesnt help on the supply side. It doesnt raise incomes.

you're so close to getting it. Rent is not necessarily a bad thing. Yes, it's often far too high. but leases end and can be broken, people can be transient and move. This will trap people in under water mortgages. It is far far worse...

neo-feudalists, man.

exactly. and a good chance many people get stuck in that home bc they're under water and can't sell it.

right. It's what those areas need, public infrastructure that treats the invisible social networks of informal nhoods with respect.

that's right.

let me add an addendum, build more homes where cars are optional but not required and it is not a burden to not have one.

just call it indentured servitude.

there it is.

wow this genius really cracked the code of American Politics.

But where will they get the brains and what happens when the base realizes theyre being duped?

ahhh corruption.

what could go wrong?