Now that President Trump is moving toward a much less expansive plan to address a housing crisis that has hit his state, he’s considering a “consignment shop” approach to buying homes, according to a story in the Wall Street Journal.
It’s a way for homeowners to sell their homes for a profit in exchange for cash.
But what about for people who are not homeowners, like students?
If they can’t afford a mortgage, a consigner can rent out their homes.
But the consigners will be required to provide a deposit, which is required for any house they rent.
If a student doesn’t have a home to sell, a college student can buy the house for them for a fraction of the cost.
The students and their families will also be able to take a home-equity loan to pay for the sale, and the student’s family will be protected from a potential tax bill if the buyer does not repay.
There’s no doubt this will help some people, especially students, with their student loans.
But it will also benefit people who want to sell homes to pay off their student loan debt, said Sarah Siegel, a spokeswoman for the U.S. Department of Housing and Urban Development.
The program is part of Trump’s broader push to make homeownership more affordable for millions of Americans who were hit hard by the financial crisis.
Trump has proposed lowering the federal minimum mortgage to 3.4 percent from 5.25 percent and raising the federal standard for a down payment from 30 percent to 40 percent.
Consignment shops are part of the broader strategy of the Trump administration to help families and individuals buy homes.
In December, the Trump Administration announced a program to provide financial assistance to first-time homebuyers who struggle to afford a home and their first mortgage.
But the Trump team has also proposed eliminating mortgage interest deduction for people making less than $100,000.
That’s a major change for homeowners, especially for people like the Siegel.
“I think we’re seeing a trend toward the Trump agenda to lower mortgage interest, to lower the size of the mortgage and to raise the size [of the loan],” Siegel said.
Siegel said that when she first saw the consignment sales proposal, she was worried about the impact on people like her.
She’s not opposed to the idea of buying a house, but she’s concerned that some people will be hurt if they don’t have the money to pay a mortgage and pay it off.
If I’m going to sell my house, I’m also going to pay my student loan, and then I’m not going to have a mortgage for the rest of my life, she said.
“I would be willing to do the deal, but I don’t think that’s the right way to go about it.
This is not something that we can afford,” she added.
It’s unclear how the consigning program would work for people in some states that have historically been more supportive of home buyers.
For example, New York has historically been a haven for home buyers, and a lot of people have been hesitant to buy homes there, said John Hirsch, a professor at the University of Chicago Law School.
A new federal rule that would allow consignments of existing homes to be bought by students would also increase the supply of homes available to people in need, he said.
But Hirsch said he doubts that this program would have much effect on people who already own their homes and are looking for a way to get into the housing market.
Hirsch said it would be better for the Trump White House to just keep trying to make the housing crisis worse and expand the number of people who qualify for the federal government’s financial assistance.
“We have to get the problem under control and we have to make sure that the people who have a lot to lose from this aren’t going to lose much,” he said, “because we’re going to be at risk for a long time.”