Author Topic: CA's New Housing Program Requires Home Sellers to Share Profits  (Read 856 times)

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Offline rangerrebew

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CA's New Housing Program Requires Home Sellers to Share Profits
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With increasing house prices, it’s becoming more and more difficult for people to get their first step onto the property ladder.

California has a solution to this with its Dream for All program, which helps homebuyers buy their homes. However, there is a catch: Once their home is sold, they will have to give back a share of the profits.

https://www.msn.com/en-us/money/realestate/ca-s-new-housing-program-requires-home-sellers-to-share-profits/ss-BB1mgAhC?ocid=msedgntp&pc=HCTS&cvid=8e34bd62b4cd4e7fa25b7230b0353044&ei=46#image=1
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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Re: CA's New Housing Program Requires Home Sellers to Share Profits
« Reply #1 on: May 13, 2024, 07:14:20 am »
The government created the problems now they want homeowners to pay for it? :shrug:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address