As related to your mention of the increase in population, I saw something talking about the role of the immigrants as part of that increased population. I saw a news show this past weekend (sorry, can’t remember what network) talking about the sharp rise in the immigrant homeowner. They even busted out the top 5 last names of homebuyers in the country and numbers 3 and 5 have been replaced with “Spanish” sounding names.
What was funny about it is that they very quietly and quickly mentioned that this trend started in about 2001 (hmmmmm…) and that certain lending institutions have been prividing “helpful financing programs” to get these families into home ownership (more hmmmmmm…)
The story was only focused on how great it was for them to find the “American Dream” and failed to show how many of these poor people where duped into likely bankruptcy and foreclosure in the next few years. That won’t be as “fluffy” of a story as this last one was.
