Lovely, in its way, that HUD has chosen to publicize shared-equity models for assisted homeownership.
I just don't know how I feel about learning that selected qualified households, being presumably thoroughly screened and found deserving, may be eligible to buy a two-bedroom shared-equity condominium in a development in the Dogpatch neighborhood of San Francisco for $280,000.
That's a strange thing to read while knowing also that, because of condo development, habitation of vehicles is now far more fiercely prevented in what used to be the city's zone of tolerance for RV and truck dwellers.
It helps something to make available a few condos to the middle-middle-class. It's nice. I'm sure the condos are lovely.
But where does that leave people who do not have and cannot raise anything in the five let alone six figures of dollars?
I'm a hypocrite on this subject too. Seems worth asking the question anyhow. Tribute that vice pays to virtue, don't you know.