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Program on California ballot could cut home down payments to 3%. What’s the catch?
(www.sfchronicle.com)
this post was submitted on 17 Aug 2026
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ugh. in the 2008 crises and earlier ones things like this exacerbated it. monkeying with the loans just ends up getting people into real estate they can't afford. We need to have good housing that is 3x the median income and lower if we really want people to be housed.