Homeowners ONLY.<quoted text>
That's great. Then all the homeowners of property which is worth less than they owe, because of the market, can stop paying the mortgage, wait until the home forecloses (several months of no payments), let the bank recover the home. then BI can take possession of the home by eminent domain and resell it to them for what's its worth now. With no down payment of course, sounds great.
Besides all the other problems with this, do you really think the trustworthy politicians would sell the homes back to the people who lost them? Or maybe this is another scam for the politicians to cash in on?
This is for the homeowners, only.
The land barons already have enough, politicians, family members, and cronies, do not qualify.