It began on Bush's watch due to the unforeseen corporate greed inspired by the American Dream (down payment)Act of 2003.<quoted text>
I agree. People were buying homes they knew they couldn't afford that were grossly overpriced and happily signed on the dotted line when banks offered them a deal they couldn't refuse - until three or four years later when their mortgage payment doubled.
Which is why we kept renting after selling our home until sanity returned to the housing market.
Thing is, we started liking not having to worry about repairs and appliances breaking down and yard work. We're still happy renters.
But, like you, I blame people who couldn't even figure out what they could and could not afford.
It certainly wasn't Bush's fault any way you look at it.
The damage was nearly done by the time Da Bammy took office and included far more than knuckleheads buying more home than they could afford.
This has all been explained to you at least a hundred times Carol and in terms (minute detail) that a freakin moron would finally understand__but clueless Carol is still lost on the subject. Pitiful!