[casuist]

Policy based on good intentions. Meet reality.

[Kozy]

Actually through the efforts of that slobbering St. Bernard, Barnie Frank, Ted Kennedy's drinking pal, Chrissie Dodd and the NAR, National Association of Realtors, home ownership peaked in 2006 at 69.2%. Their combined goals was to get over 70% and be the first industrialized country to do so. Funny but traditionally home ownership was in the 65% range. Their efforts destroyed the American dream and to retreat to 62% is not out of the question.

[Drew68]

Policy based on good intentions. Meet reality.

The idea that every American was entitled to home ownership was ridiculous as well as unsustainable.

Every society needs a certain percentage of the work force to be mobile and not tethered to a particular location by a mortgage payment. One of the contributing factors to today's high unemployment is that too many people can't leave the homes they're underwater in to go elsewhere and look for work.