> >Yes, it is nice that low-income and blacks and Hispanics are in houses.
> BUT, they should be in houses they can afford. As should all the lower
> middle-class that suddenly were buying McMansions.
That's the thing. Because so much mortgage money was available, there was no
incentive to build modest houses. We could have had a lot more homeowners
(as opposed to home-debtors) if we had not built so many of those rattling,
cavernous monstrosities. </HTML>