Tuesday, August 17, 2010

Home Ownership is an Integral Part of the American Dream!

Government Guarantees and Mortgage Loans | The Diane Rehm Show from WAMU and NPR

It seemed disgustingly easy for the program guests -- who undoubtedly own their homes -- to relegate numbers of their fellow citizens to a lifetime of rental housing. I find that abhorrent. It is not only an American value to own your own home, but it (generally) produces stability both in families, neighborhoods, communities, and the country as a whole. Why must we discard this bedrock American value because of mismanagement by private and pseudo-private entities? Perhaps it mean smaller homes, or more condos rather than houses, but why throw the home ownership baby out with the market mismanagement bathwater?