Very well said, davishipps...
The Left had DEMANDED that lenders make sub-prime loans to those undeserving of the credit; that created the housing bubble which also allowed the MBS/Wall St. crisis.
The simple truth is that a fair number of people cannot handle a mortgage because they cannot pay (lack of capacity) and/or will not pay (bad credit habits).
The THEORY had been that home ownership would move the dependent class into the middle class...it was a dumb theory from the getgo at EGREGIOUS expense to all when it backfired badly, and almost sent us into another depression. It wiped out much of retirement nest eggs.