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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (23336)	10/6/2008 3:57:52 PM
From: TimF	Read Replies (1) \| Respond to of 25737

Government policy produced the home ownership level we have now. Which is probably "too high" of level in that its beyond the point where it becomes a positive and is a negative, both in terms of people getting mortgages who can't pay them, and in terms of having some effect on decreasing labor mobility. But I don't really want to try to determine some "right" level, and aim for it. I just want to get government out of that business. Let the market determine the right level without government incentives, penalties, or any other form of distortion.