Politics

Out of context: Reply #1769

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  • Point50

    Expanding Homeownership. The President believes that homeownership is the cornerstone of America's vibrant communities and benefits individual families by building stability and long-term financial security. In June 2002, President Bush issued America's Homeownership Challenge to the real estate and mortgage finance industries to encourage them to join the effort to close the gap that exists between the homeownership rates of minorities and non-minorities. The President also announced the goal of increasing the number of minority homeowners by at least 5.5 million families before the end of the decade. Under his leadership, the overall U.S. homeownership rate in the second quarter of 2004 was at an all time high of 69.2 percent. Minority homeownership set a new record of 51 percent in the second quarter, up 0.2 percentage point from the first quarter and up 2.1 percentage points from a year ago.

    http://www.whitehouse.gov/news/r…

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    • haha nice to know that both parties pushed irresponsibility.tommyo
    • I wouldn't have a clue unless you posted first. I guess I really should read morePoint5
    • I thought you had all those muscles so you could read the really heavy books that we couldn't?tommyo
    • I've got War and Peace written on my lats and all the articles of the constitution on my erectors and obliques.Point5
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