A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
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July 14, 2009
Convert delinquent mortgages to rentals?
That’s the latest housing prop-up fix coming from the Obama Administration. Not totally bad; could be better if at least a partial rent-to-own conversion option were made part of it. Not to let delinquent buyers 100 percent off the hook, of course, but, a “carrot” of some sort, in part to keep them interested in not trashing out what could still become their house some day.
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