Who’d a’Thunk It?
by Mike on Jul.21, 2010, under Political
The WaPo is reporting that the Obama Administration’s next target of reform is Housing Finance. My first thought was here comes another big government program to provide everyone and their dog a new house with a gov’t subsidized mortgage.
Surprisingly, it appears that is not the case. It appears that the Obama Administration has recognized a common sense fact – not everyone should be a homeowner.
There is a lot to be concerned about in this article, including “a new housing finance system” and “make more workable rental housing programs”, but the realization that not everyone should be a homeowner is a very good start.
Hurray for them!
