They could choose a different lifestyle, but they value the one they have. That's fine, but that doesn't mean I'm obligated to subsidize their preferences.
Owner-occupiers can and do refinance to turn their wealth into cash. It's routine.
Owner-occupiers can and do refinance to turn their wealth into cash. It's routine.
So do you. I assume that you like to eat? Farmers are how that happens.
> refinance
Are you familiar with the downsides of refinancing?
Yes. Actual food, not government-subsidized high fructose corn syrup.
And I have enough knowledge on the matter to know who benefits most from such subsidies. It's not your "average joe" multimillionaire farmer.