Bernie Sanders says Apple's $2.5 billion home loan program a distraction from hundreds of billions in tax avoidance that created California housing crisis.

Anyway, loans will not help people find homes unless they have good prospects to pay back the loans. With wages not rising, and business conspiring to make sure they don't, not many Americans could take advantage of these loans.

Those that do would mainly buy existing housing. So Apple's investment in selling mortgages does not address the shortage very much.