“with more generous support for 1st generation homeowners”
IOW illegal aliens.
This is why 43% of the incoming class of the UC’s in California are “first generation”. Since we did away with affirmative action, they concocted yet a new way to get around it.
Whitey need not apply to the schools his ancestors started and his taxes paid for.
Throw in no money down and no proof of income.
So then the buyer buys $25,000 worth of weed and Cheetos instead of using on down payment. Since no down payment will be required.
House will be foreclosed.
Home owners abandon the house.
Crack heads destroy the house and it gets demolished and destroyed hen bought for less than pennies.
How will the reds “get their money back”
The illegals that were given the money have fled and nowhere to be found.