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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (126595)	12/1/2005 12:01:32 PM
From: Win-Lose-Draw	Read Replies (1) of 209892

Aren't financial health and home ownership orthogonal issues? You can be a well-off renter, or a thin-ice homeowner. It also seems to me the idea that most people should be able to afford their own home runs counter to some of the most basic assumptions of capitalism. The market-distorting necessity of Fannie Mae would seem to support that. I guess what I'm saying is that lack of affordability, if it translates into lower rates of home ownership, can be viewed as a sign that the economy/market is functioning as it should.

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