“And indeed, it will continue to be a corrosive force until the price of homes in the United States stabilizes.
How on earth does the price of housing, excessive to its purpose as shelter for the most part, in one country, get into a position to cause so many convulsions in the economy(economies) and in ordinary people’s living situations.
“…if you own something, you have a vital stake in the future of our country. The more ownership there is in America, the more vitality there is in America, and the more people have a vital stake in the future of this country. – President George W. Bush, June 17, 2004”
“We’re creating… an ownership society in this country, where more Americans than ever will be able to open up their door where they live and say, welcome to my house, welcome to my piece of property. – President George W. Bush, October 2004.”
Not trying to be politically controversial.. just putting some stuff up.Bush was saying those things at the peak. Someone else had posted about the possible influence from the “ownership society” plan of social engineering topic before.