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The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?
As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal.
Original Article: The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?
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By Mises Institute
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As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal.
Original Article: The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?
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