The fear that I have in the back of my mind is that when it collapses the government will take the forclosures and not reselling them but rent them out for "low cost housing" making the poor even more dependant on government and good little democrap serfs.
4 years ago HUD already started doing this. Before that you could make some good deals picking up depressed housing from them, refurbishing and reselling but they quit letting the public have access to them and only sold to non profit groups that would rent to low cost or section 8 renters.
If this turns out to be the case the entire program over the last few years is being engineered the same way the depression was engineered through the stock market with the purpose then to steal the industrial capacity of the country and this time the real estate. That would explain La Rouche backing it.
I beg to differ - at least here in PA. I "bid" on a Hud home in March and got it - not because I was the highest bidder but because I intended to live in it. If HUD had not accepted my bid (too low), it would have been listed the following week, and THEN investors could bid on it. Got the house for $25K, put $18K into it (so far) and the appraisal two weeks ago was $76K - not too shabby.