Joe Doakes from Como Park emails:
Just because you can’t pay your mortgage is no reason not to give you a mortgage. That was the thinking behind CRA and it caused the housing crisis that tanked the economy for the last 10 years.
Seeing how well that worked, Social Justice Warriors in Seattle are expanding the plan. Just because you can’t pay your rent is no reason not to rent to you.
I confidently predict a shortage of rental housing will afflict Seattle within the next five years, and the cause will be a complete mystery.
Coming soon to a local government near you . . . .
Calling Alondra Cano…