Now if someone defaults on their mortgage the progressive left wants to require the lender to allow them to rent for up to 5 years at "fair market rents". So there goes your private property rights, another socialist move by your President and his boss George Soros. The person who loans the money has no rights and the person defaulting on the loan has the rights regardless of hardship on the lender. Kind of like the lenders rights in the auto industry bankruptcies, the lenders had no rights an the unions were given equity out of lenders and government funds. I think the constitution and the American system of capitalism is losing every battle right now.
The government is doing all they can to make sure no one has the risk of failure except high income people and businesses who are not already dependent upon the government.
http://www.cepr.net/index.php/press-releases/press-releases/right-to-rent-bill-help-americans-stay-in-homes/
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