That is how many houses are vacant in the u.s. right now. How long do you think it will take to get them occupied with owners? Don't you have to have a job to qualify to get a loan to buy a house? I'm not talking about 2 years ago. Then all you needed was a pulse and the ability to sign some papers. Those
days are over. Aren't they?
Hmm. Maybe the government will buy them and start giving them to welfare recipients. Or those 20 million illegal immigrants running around. I'm sure they would love them. 20 million votes constitutes a pretty big voting block.
Seriously there is no way those houses can be legitimately sold any time in
the future. That is a huge over-supply which while continue to lean on the prices of all houses for many, many years to come. Anybody who tells you differently is lying to you.
Here's a question:
Do you know how to tell when a government spokesman is lying? Any government spokesman? Their lips are moving. That's right you know whatever they are telling you about anything is a lie.