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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (25733)12/8/2004 10:43:37 PM
From: David JonesRead Replies (1) of 306849
 
>>>>>>>You can point to the advent of VA loans handed out to returning vets of WWII. In a bout of patriotism the government decided that those who saved Western civilization were entitled to own a small, mass produced house, in the suburbs, with a mortgage subsidized by the American taxpayer.<<<<<<

And why not my father spent four years in the south pacific living in a pup tent. After the war he my mother and older brother came to California with "nothing but fifteen dollars and the G.I Bill". Using that G.I bill to purchase a home which after time gave them leverage to parlay into two businesses that created employment for themselves and others.
A great investment for the American taxpayer.
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