California Gov. Gavin Newsom vetoed a bill Friday that would have made some immigrants in the country illegally eligible for home loans backed by the state.
Certain people will be all in these comments saying it's discriminatory or unfair this almost happened and now didn't...it's not.
If you're undocumented and even here so long and this is your life...etc. That's one thing.
Expecting to be rewarded for that when others are not is not going to fly with the right or left. It's an insane proposition to begin with that focuses on a certain subject of the population, and then step further because they are not officially the population. Kind of a snub to others.
The bill, by Democratic Assembly member Joaquin Arambula of Fresno, would have prohibited the disqualification of loan applicants to a state first-time homebuyer program for reasons based solely on immigration status.
There’s tons of people in California that grew up there and work normal jobs who are undocumented basically on a technicality. That’s who this bill was looking to help. Newly landed immigrants are not going to be in a position to buy a house, certainly not in California.
Unfortunately, that does give a lot of ammunition for the right, who have a very warped view of what immigrants look like.
If that is the case, then it reads like California is solving the wrong problem.
If a person is undocumented due to their parents decision, then the federal government should make it much easier for them to become an American citizen.
Same. That kinda seems like it would lead to fewer people bothering to want to be a documented immigrant, right? Which, phrased a little differently, kinda incentivizes people to come in illegally or at least remain undocumented once here since that wouldn't be a barrier to them owning a home? The right would've had a fucking field day if he'd signed that. They froth over straws in milkshakes; he doesn't need to draw valid criticisms via bad policy two months before this election.
Right. If you're undocumented, the first step should be to get documented, and authorities should focus on providing more and easier paths to proper documentation. Then you can take advantage of the programs in place for potential homebuyers if you want to.
Reading up on AB 1840, it looks like (from what I can grok) this would help undocumented immigrants to get more affordable loans. But they would still be loans, not grants (right?) So I don’t quite understand Newsom’s budget argument. It’s a loan. Most of the money will be coming back over 30 years.
That said, CA’s housing supply is trash, and if this was a ballot initiative, I think you’d have a real hard time passing it. People are rightly or wrongly going to assume that this will increase competition in the buying market. When a house sells in CA’s major metros, it’s on the market for 2 weeks and the seller is sifting through dozens of offers.
Right, it is a loan, which means the principle is spent to buy a house for someone and they pay you back over 30 years. That is a huge capital investment with a long repayment period.
California also has low supply of housing for citizens, so why specifically help undocumented immigrants get housing when their claim is far less solid than a resident with proper standing?
The argument for it is probably similar to the argument for allowing dreamers to attend university and get white collar jobs. Some people were brought to the states when they were young, and America is all they know.
Do you send someone to a place like Mexico even though they might not really speak fluent Spanish and or know the country well?
Tysm for the source, I do understand the budget argument as currently there are almost no itin loans being underwritten by banks. If the banks don’t think they can make money on it, greatly expanding the market (while noble) sounds like opening the floodgates of losses. It also could create a gold rush/competition if California is successful but that literally may take 15+ years to find out.
Ok but can we ban foreign nationals from buying up land? Forget the small fish, let's look at the big fish; I'm talking:
Russia
China
Saudi Arabia
Japan
Reminder: Almost anyone can buy property in the U.S., regardless of their nationality or immigration status. There are some states that are implementing laws prohibiting some of this. To my knowledge, California is not one of them.
CA has had a long history of voting for republicans, but the republicans running in CA are not for a lot of weird trumpian / culture war issues that past republicans never ran on in the state.