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To: Ilaine who wrote (96927)	4/20/2001 3:41:46 PM
From: Mark Adams	Respond to of 436258

Just a side note for reflection; One has to wonder if the NAHB has some motivation to 'improve' the affordability of new homes. Despite what are probably lower lifecycle costs in light of greater energy efficiency and materials improvement (tyvek, siding?). Of course, I'll admit I'm a cynic, and see motivations to slant data nearly everywhere, including my own posts... <g>

To: Ilaine who wrote (96927)	4/20/2001 10:32:52 PM
From: LLCF	Read Replies (2) \| Respond to of 436258

And his data was less meaningful than yours??? The census bureau?? That was EXACTLY the type of data he was saying made no sense because it was simply 'average' income... ie. throw Bill Gates income in to... let along the fact that people in that type of situation have no mortgages skewing it even further. And "more people" can afford homes?? Well, that's hardly useful without knowing population growth in those ages etc.... Not to be rude, but you're data sucks as bad as his, and your assertions aren't refuting him anyway it doesn't appear... at least. All IMO of course. DAK

To: Ilaine who wrote (96927)	4/21/2001 10:48:56 AM
From: Les H	Read Replies (1) \| Respond to of 436258

homeownership rates falling except for 55 yrs and above nahb.org one would have to wonder what the real homeownership would be if not for the heavy subsidies below age 55 for home ownership, many of which have little or no equity in their homes. as wee keep inflating, more and more of essential needs are financed through 0% equity and with government subsidies, grants, and loans. one of the difficulties of looking at affordability is the various housing costs such as property taxes, homeowner association fees, cluster or condo fees, etc. that can sometimes be half as much as the monthly mortgage on a median-priced condo or townhouse. The property taxes went up 14% this year. The homeowner association and cluster fees went up 10% this year. anyways, the real issue isn't whether housing is affordable for someone who already owns a home but whether it's affordable for those below 35 that are just getting married and/or having saved money after 3-5 years out of school.