Quote:
Originally Posted by Winsor_Pilates
What about the people who had the means to buy a home for the last 10-15 years and chose not to because the "bubble was going to burst" and they wanted to outsmart everyone.
Government fixes their problems all the time. I don't disagree about over leveraged people, but can we play the personal responsibility card both ways?
|
That was their choice, to buy or not to buy. I didn't see them holding signs in parks asking the government to raise interest rates.
Governments generally cater to homeowners over nonhomeowners because - votes (just look at all those tax free capital gains for people who sell their house vs no such preferential tax treatment for renters)