[raybbr]

Both.

How many of those houses were paid off by union workers and non-union workers? Blue-collar workers, that so many seem to despise on this forum, have the same goals and desires as white collar workers. The want to be able to raise a family and enjoy life. Yet, when a blue-collar guy gets a raise its a bad thing. If a CEO or upper management guy gets millions that's justified.

There is a clear bias against blue collar workers; they are labeled as beer swilling barbarians who don't know their ass from their elbow.

While anyone who went to college and can claim to be white collar is held up in high regard.

Home ownership, which is at an all time high, is good if the houses are paid off. At the same time we know that American's savings rate is about 1% and they are mortgaged to the hilt much like the feds. It can't be sustained over the long run especially if there is some world-wide event like a major war.

If that happens and our economy recedes, home ownership will become the purview of the banks or rather Fannie Mae and Mac. Who will prop them up if the housing bubble bursts?

The middle class will disappear and those homes that aren't paid off will become property of the government.

[nopardons]

There are far fewer union members now, than there used to be; thank GOD! So, since I have no desire to look up the info ( which I doubt even exists ), you have to be satisfied with an : I HAVE NO IDEA HOW MANY HOUSES ARE OWNED BY UNION MEMBERS, V. NON-UNION MEMBERS, as the answer.

As to the rest of your tinfoil, crazy spew...where did all of THAT come from? I haven't posted a single thing, in seven plus years here ( go look up all of my post! ), where I said that blue collar workers are garbage. "Bias"? Go look in the mirror, if you want to see someone who is choking on biased problems!

No college degree? Hell...go to N.Y.C., join the union, and you too can make $60,000+ a year, with a whole lot of benefits, and be able to retire at close to full pay, for doing an unskilled job in the subway.

Americans haven't been savers for the past 50+ years. I don't know why ( I am a saver; always have been ) and it isn't because they are living from hand to mouth. Saving is a mindset, which went out of fashion long ago.

[Toddsterpatriot]

Home ownership, which is at an all time high, is good if the houses are paid off. At the same time we know that American's savings rate is about 1% and they are mortgaged to the hilt much like the feds.

Household net worth is at an all time high, $51 trillion. Average home equity is 57.1%

Federal Reserve, page 110 of 124

The middle class will disappear and those homes that aren't paid off will become property of the government.

Under what fevered scenario do these homes become property of the government?