What a complete idiot. He says illegals should play by the rules when buying homes but could less about them playing by the rules when they invaded out country illegally.
Obama lies again......how strange.
First Americans have to have jobs, real jobs... so they can buy a home.
the regime really does think were too stupid to take note of his repetitive Play By The Rules CATCH PHRASE dont they
“Millions of Americans who work hard and play by the rules every day deserve a ...”
“to gain an advantage over businesses that play by the rules.”
its filler language apparently
So would burning down most of the housing...
Oh yeah and crap will smell like roses huh kenyan!?
I'm so glad Obama decided to pivot to address whats really important to the middle class.
When the housing market burst in San Diego County the areas with the higher concentrations of Mexicans (Chula Vista, Esconddido, etc) had the highest rates of foreclosures. In many cases the banks did not even know the real names of the deadbeats. How would you like to live next to a house with dozens of people living in the garage and a family in every bedroom? When it comes to business and economics, 0bama is always 180 degrees off of the mark.
Here’s how great The Regime’s last brilliant housing plan went”
Obama’s HAMP Program
some quick facts:
HAMP modified 1.2 million mortgages (70% less than the target)
306,000 re-defaults
Another 88,000 at risk
The re-default rate is an alarming 30%
The re-default rate of those in since 2009 is 46%
http://www.freerepublic.com/focus/news/3047154/posts?page=2
Obama: Immigration reform would boost value of homes.... That have high security fences built around them....
There I fixed the damn headline!
Let’s see, continued automation is still creating a surplus of workers such that 5% unemployment with those with jobs working full time will never come back. We have structural and sticky unemployment and yet we need all this new unskilled labor right away, why?
I can foresee amnesty causing home values to sore like they have in Detroit.
One nice thing about Obama, that actually works out in his favor, acting like you’re nine years old pretty much makes folks ignore you. That way you don’t need to defend yourself. They just laugh and move along...
I’ve seen the advice that when you write, you should write as if talking to a seventh grader. The year may vary a bit, but the theory is that what you write will tend to be easier read, and understood. A writer can produce some very lengthy sentences that require a decoder ring, almost.
At any rate, I think Obama must have heard this advice and thought they said, “Second grader, not Seventh grader”.
It’s astonishing to read some of the text versions of comments this guy has made.
Illegals are already here. They’re already in homes. What housing boom will come from legalization. Are all 30 million of them going to move? Really?
Why haven’t they moved already, if they can afford it? There’s plenty of places that will loan to them.
Hey Barack, you’re such a kidder. (Dumb ass)
I am sure bringing in immigrants to my neighborhood will increase the value of the $300,000 -500,000 homes in the area. NOT! I would expect that odumbo will force the sale of said homes to people who are ill prepared to even own a home let alone purchase one. (Give them loans for houses they can’t afford and will soon loose them.)
Re: my comment about, I would expect, if they could AFFORD the homes in the area and numerous people of their kind were to begin buying homes (with gubmint money) the vaule may increse BRIEFLY and then go DOWN instead of up.
What, turn the neighborhood into another Detroit? No Way!
Sounds like a line from “Bill and Ted’s Excellent Adventure”
Is this a satire article?
Chicken coops in every neighborhood?
He is a stupid idiot.
I notice a bunch of words in past tense. He didn’t say immigrants are currently buying homes.
But, he’s not the first person to tie immigration to housing. W made speeches touting how many Mexican Americans had bought homes.
What I want to know is what percentage of immigrants had foreclosures?