Builder Mood Worsens As Down Payment Burden Sidelines Home Buyers

7 thoughts on “Builder Mood Worsens As Down Payment Burden Sidelines Home Buyers”

1. I think most ppl can already take loans from their 401k accounts.

   Next step is to order the GSEs to take higher LTVs.

   1. Or just tell the GSEs to buy people houses. “I met with them and I said to them, I said, ‘I met a nice lady in Florida last month and she told me, she said I can’t get a house, the payment — the down payment is too high,’ so I told them we’re going to be buying her a house and a lot of other people too. We’re going to buy the houses and we’re going to buy them like you wouldn’t believe. Think of it: In Iran they don’t even have houses, they have huts — mud huts. It’s a terrible thing and then you talk about Venezuela. The guy — he was so horrible, but we went in there and we got him, they said it couldn’t be done, but we did it. You never saw that with Biden, he was too sleepy. Sleepy Joe, I call him Sleepy Joe. Right, Pete? Where’s Pete? There’s Pete. He’s doing a fantastic job.”

      1. We are so far down the rabbit hole that I honestly have no idea if that’s a real quote.

         1. If he would have mentioned tariffs would be paying for the homes, I’d have believed it. I was already hooked because he chose Florida haha.

      2. That was very, very good!
         A stint on Saturday Night Live is a possibility- maybe as a writer!

      3. Nice

2. Bill Pulte would have got a shout out too. Maybe a mention about the GSEs doing buying and that would take care of the fraud and then Bondi would get a shout out too, but she is looking at the fraud and the wasteful spending…