Positive Future #734 (Feature photo – Public Housing Buildings – Public Domain)
Curbed News journalist Jeff Andrews brings us news about the government stimulus package and housing – real estate. In short there is an escalation of money going into aspects of affordable housing. The federal money flowing into aspects of housing is in the $ billions. While the article does not mention it, one must ask how can the government afford the bailout? Part of the answer is lower interest rates orchestrated by the Federal Reserve which translates into dramatically lower costs on any new debt. You can read the full story here:
https://www.curbed.com/2020/3/18/21185666/coronavirus-foreclosure-eviction-moratorium-trump-hud
