From George an indication of just how crazy these people are…
BREAKING: A California State Senate Committee has approved a bill to allow illegal migrants to buy homes with $0 down payments and 0% interest
The bill passed in the House and is expected to be approved by the Senate and signed by Governor Gavin Newsom. Two million illegals will qualify for the program
“The social and economic benefits of homeownership should be available to everyone.” – Assemblymember Joaquin Arambula
Specifically, AB 1840, will prevent the state’s Dream for All Shared Appreciation Loans program from denying individuals on the basis of their immigration status. The program will allow applicants to get “loans” of up to 20% of the home’s purchase price — or, about what a typical down payment is — with zero down payment on the state loan required. There are also no provisions on how the “borrower” can pay back. Meaning they can get the home and live in it for as long as they want without ever paying a dime
I know, I’m still trying to wrap my head around it too. I guess trying to use logic to understand what CAN’T be logical is pointless.
