[lbo-talk] Bartels on Frank, etc.

Jim Devine jdevine03 at gmail.com
Wed Mar 8 12:12:08 PST 2006


On 3/8/06, Doug Henwood <dhenwood at panix.com> wrote:
> I think the official line on this is more or less correct - that poorer people bought lots of houses in the 1990s and early 2000s, despite high and rising prices. The reason: very low downpayments and innovative" mortgages (less than interest-only, for example). <

Didn't the Clinton administration make a big effort to encourage home ownership and congratulate itself on its success? -- Jim Devine / "There can be no real individual freedom in the presence of economic insecurity." -- Chester Bowles



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