A New Housing Crisis in The Making? | Dr. John Hnatio

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This is John Hnatio reporting for the Objective News Network.

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Today, we discuss the how President Biden has just announced a plan to subsidize people with lower incomes, lower credit scores and less savings for downpayments to own homes. What do you think?

Video chapters
1. 00:00 – Intro
2. 00:14 – Subsidize People with Lower Incomes, Lower Credit Scores And Less Savings
3. 01:23 – Fannie Mae and Freddie Mac
4. 02:21 - The New Program Being Implemented
5. 04:06 – The Rules of Simple Logic
6. 05:52 – Outro

Video references
- https://www.cnn.com/2023/02/22/homes/biden-housing-fha-insurance/index.html#:~:text=The%20Biden%20administration%20announced%20Wednesday%20a%20change%20that,out%20loans%20insured%20by%20the%20Federal%20Housing%20Administration
- https://www.businessinsider.com/personal-finance/biden-fhfa-new-mortgage-fee-structure-2023-4
- https://www.foxla.com/news/experts-outraged-over-bidens-new-mortgage-rule-punishing-buyers-with-good-credit
- https://caliverbeach.com/mortgages/fannie-mae-sallie-mae-freddie-mac-people/
- https://nlihc.org/sites/default/files/AG-2021/03-03_Fannie-Freddie-Housing-Finance-Reform.pdf#:~:text=Fannie%20Mae%20and%20Freddie%20Mac%2C%20the%20two%20federally,Congress%20cannot%20agree%20on%20a%20housing%20finance%20system
- https://www.cbsnews.com/news/tax-2023-biden-budget-how-it-will-impact-your-taxes/
- https://nypost.com/2023/04/16/how-the-us-is-subsidizing-high-risk-homebuyers-at-the-cost-of-those-with-good-credit/
- https://www.cnn.com/2022/03/26/politics/white-house-billionaire-minimum-income-tax/index.html
- https://thelogicofscience.com/2015/01/27/the-rules-of-logic-part-1-why-logic-always-works/
- https://www.heritage.org/civil-society/commentary/nations-values-under-attack-we-must-do-stop-the-lefts-socialist-agenda
- https://msutoday.msu.edu/news/2021/first-amendment-and-free-speech
- https://www.history.com/topics/black-history/civil-rights-movement