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"Home ownership is at an all time high"

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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-05 08:51 AM
Original message
"Home ownership is at an all time high"
Is this quote about Bush? We all know that RW'ers use only 3 good things to say about Bush.

"I do think, as has already been clearly stated, that home ownership is at an all time high." - Marge Roukema
JUNE 15, 2000

http://commdocs.house.gov/committees/bank/hba65224.000/hba65224_0f.htm

So, Bush is actually riding the Clinton Wave of Coolness.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-05 08:55 AM
Response to Original message
1. So are the Di-tech commercials...
If I see one more, I'm going insane. It's almost as bad as the hurricane coverage... :)
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newportdadde Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-05 09:03 AM
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2. So is home buying speculation.
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-05 09:05 AM
Response to Original message
3. Yes, You're Right!
There is no real statistically significant difference in home ownership over the last 5 years. Is it up? Yep. Is it a valid statistical difference? No.

Remember that if ONE more family bought a house, it would be UP! But, that's an awfully insignificant percentage.
The Professor
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-05 09:07 AM
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4. And Don't Forget "Interest Only Mortgages"
Gee those things have been around forever. They used to call it RENT!
The Professor
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