The government should concern itself with long term job growth and lowering fuel costs first. The result of job stability and affordable fuel will naturally be increased home ownership. Just like in mathematics, the order of operation matters for economic factors as well.
Without the correct order, watch what happens: I buy a house but lose my job to an overseas firm that can under cut labor costs. Now I have to foreclose on my house and live in my car.
Sunday, October 12, 2008
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