[lbo-talk] Bartels on Frank, etc.

[Jim Devine]

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