Why The FHA Is the Biggest Housing Scam in America

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Shut down the FHA, the Federal Housing Authority once and for all. I know everybody’s all excited about Trump and his big IPO for Fannie and Freddie. Get rid of it. You want to help the country? Stop subsidizing crap. Hey, we need to help people get into homes. No, okay? People will get into homes without government help. I want to show you how

fraudulent this whole thing is FHA loan locks. I just got a hold of this. This is gonna blow your mind. FHA loan locks to immigrants, okay, not legal immigrants. I’ve got no problem with legal immigration, to immigrants without permanent residency. This is including H1B visa holders.

Wow, over 6 % under Biden, all time records. All time records. Well, Donald Trump banned that in June of 2025 and it’s fallen off a cliff and rightfully so. I have no problem with legal immigration into this country. I really don’t. I have no problem with it at all. But when you are using

taxpayer dollars to subsidize people’s homes. They’re not even, it’s bad enough. And I’m telling right now, it’s bad enough to be subsidizing this to citizens. I don’t agree with that. Okay. It causes a disconnect in the marketplace. We’ve gone over subsidies before. All it does is make the price go up, but you’re actually using taxpayer dollars to subsidize, subsidize the homes of people that are not even legal, not even

I mean legal residents, permanent residents here in the United States? Do you think that they do this anywhere else in the world? No. No, they don’t. You pay.

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You pay with the going rate, you don’t get any sort subsidized nonsense. This has to stop on all levels. One of the big problems out there, okay? One is not the only reason why housing is so unaffordable, but this my friends, is a big part of it. Watchdogonwallstreet.com.