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Reply #18: I feel for him...glad he opened up to you [View All]

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F.Gordon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-22-04 08:40 PM
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18. I feel for him...glad he opened up to you
I think a lot of people voted for bush* because they thought he would maintain the status quo of a Clinton Economy. And people like your friend really believed all the "economy is getting better" bullshit they were being fed by bush*.

Kerry should ask bush* in the debates about his "ownership" program. Does it include the ability of Americans to own a new car? Or a new home?
============================================================
Less than 1/2 of all American families can afford a "median" priced home in this country right now. Statistics for the EO of June:

Affordability Ratio

Existing homes
50.4% median priced home: 159K

Note: Because information on the percentage of borrowers who can put 20% down is not available, an exact affordability ratio cannot be calculated. A 10% downpayment assumption reduces affordability by at least 5%.

New Homes
46.3% median price: 198K


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