HDFC

… Its shaping up to be an unexpectedly busy news week for HDFC coops Just a couple of days after we wrote about the loopholes … favorable for trust fund babies  it turns out the the city is looking to institute measures to solve the problem …

… are subsidized coop buildings with strict income caps for purchasers and generally much lower sale prices … in NYC which leads to a natural followup Why could someone just snap one up using her parents money or more to the … California Do they own a house in Puerto Rico Do they have bank accounts elsewhere You just cant trace that Another …

… under $500000 are coops and the vast majority of coop boards do indeed require 20 percent down and cash reserves …