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The Housing Market Is Depressing America

Think Wrote: Apr 20, 2012 2:37 PM

Because we have a two-party system and no one other than "abject idiots" votes for Democrats, causing Dems to continue policies to keep people stupid. Proof: Dems keep saying we need to spend more on schools. EVERY major metro school district has been run by Dems since 1945. If Dems REALLY wanted better schools, we would HAVE better schools. But if we educated everyone to a decent HS level in decent schools, hardly anyone would vote for Dems... and they KNOW this, hence bad schools. No other logical explanation exists.

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The Housing Market Is Depressing America

Just 49 percent of homeowners in America now believe their home is worth more than they paid for it.

Rasmussen Reports has asked that question for years, and it has never before fallen below the 50 percent mark. This represents a sea change in personal finances that challenges core assumptions about the way our economy works.

Most Americans were brought up to believe the cornerstone of good financial planning was to buy a home, pay the mortgage on time and watch the equity grow. That doesn't work at a time when home values are declining.

Economists measure the lost equity in...

Related Tags: Budget and Government Fannie/Freddie Housing Market Housing Crisis America Housing