Huh? This is nonsense. You can indeed buy a 50k house if the house appraises at ...

sjg007 on Sept 9, 2020 | parent | context | favorite | on: The Fed now owns nearly 1/3 of all U.S. mortgages

Huh? This is nonsense. You can indeed buy a 50k house if the house appraises at that value. You can also get an improvement loan included to make it livable as well if necessary.