Updated about 16 years ago on . Most recent reply

Obama mulls rental option for some homeowners-sources
I came across this article on the idea of the administration to allow some homeowners to stay in their home and become renters.
http://www.reuters.com/article/marketsNews/idUSN1429265720090714?rpc=77
What happens when the former home owner can’t afford their rent? Mortgage payments are generally less than rent aren’t they?
This doesn’t seem like a solution to me it seems like putting off the problem.