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anchpop
4y ago
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So they basically gave $550 million to UMC homeowners by overpaying for houses, while making it slightly harder for other UMC wanna-be homeowners to buy homes for a couple months. Not the worst outcome I can imagine
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mikewarot
4y ago
What does United Methodist Church have to do with this? UMC?
anchpop
OP
4y ago
Upper Middle Class
jachee
4y ago
“Upwardly Mobile Consumer” seems to fit, but I’ll admit it’s a guess.
whimsicalism
4y ago
Is the threshold for being "UMC" owning a home now? Most of these homes were not uber pricey.
prawn
4y ago
I think it was more shorthand for "someone at least able to be in the housing market".
raducu
4y ago
Is it 100% guaranteee the $550 million won't be a bailout of some sorts?
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