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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (147262)	11/14/2008 7:12:26 PM
From: geode00	Respond to of 173976

"It's taking longer to sell homes, and foreclosures across the country have hit record levels. These are two reasons why, according to the U.S. Census Bureau, there were 18.6 million U.S. homes that were unoccupied during the second quarter of this year. That was a record, and up 6.9 percent from the same period last year. Bob Callis, with the Census Bureau, added that about 14.2 percent of all housing units in the United States were vacant last month." washingtonpost.com Then there is this welfare plan: "In both the builders' and Realtors' proposals, the buy-down subsidy would be paid by the federal government. David Ledford, senior vice president for housing policy at the National Association of Home Builders, acknowledged that a mass-market buy-down plan would be expensive -- an estimated $130 billion to $140 billion." washingtonpost.com