Taxpayers Crushed by the Destructive Push for Home Ownership
September 22, 2008 by Mr. ToughMoneyLove
Filed under Debt and Credit
Stakeholder Industries Push the Myth that Home Ownership is for Everyone
Everyone agrees that that the current crisis in the financial markets is caused by the billions of dollars in mortgage loans that are in default, and by the reality that the amounts owed exceed available equity in the associated real estate. Enough said about that.
Mr. ToughMoneyLove has some additional hard truth. Read more
