A little heads up about what the Obama Administration has hidden up its sleeves. Especially since the FED is buying up distressed homes like they were going out of style.... Wait a minute, they are going out of style.
Has any of you ever heard of the "Council Houses" they have in Once Great Brittan. These homes belong to the British Government and as long as the resident wishes to pay the government to live there and he or she keeps the place up they can live there. However at the residents' death or incapacitation they are required to move and their children do not receive any of the money that their parents paid in during a lifetime of renting from John Bull.
I hate to say this, but it is nothing but the old National Socialist German Workers Party platform from 1922 designed by Hitler to spread the wealth around and end interest (409k) and rent (realestate ownership) income. The really funny thing is the silly English still think that they won WWII. Shush :-X don't tell them it's a lie.