This will work just as well as it did with college loans and the resulting price of tuition.
BREAKING: California voters just passed Prop 37. Buyers of newly built homes can now put down 3% instead of 20%.View quoted post on X
How: the state lends you the other 17% as a second mortgage, funded by up to $25 billion in bonds.
On an $800,000 home that's $24,000 down instead of $160,000.