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<blockquote data-quote="The Other Side" data-source="post: 1183405" data-attributes="member: 17969"><p>Psst, the housing bust had nothing to do with homes purchased under the Clinton adminstration and everything to do with interest only loans written for short terms under the Home Ownership society under Bush.</p><p></p><p>When those loans matured, the housing bubble had burst, leaving those home owners with nowhere to go but either bankruptcy, or walk ways.</p><p></p><p>Clinton never did away with downpayments, BUSH did. Clinton never eliminated qualifications, BUSH did. Clinton never said people with bad credit can own just as good a home as everyone else, BUSH did. Clinton never used section 8 funds to cover mortgages, BUSH did. Clinton never used goverment money for downpayments for poor people, BUSH did.</p><p></p><p>Dont believe me?</p><p></p><p>Try me.</p><p></p><p>Peace</p><p></p><p>TOS</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1183405, member: 17969"] Psst, the housing bust had nothing to do with homes purchased under the Clinton adminstration and everything to do with interest only loans written for short terms under the Home Ownership society under Bush. When those loans matured, the housing bubble had burst, leaving those home owners with nowhere to go but either bankruptcy, or walk ways. Clinton never did away with downpayments, BUSH did. Clinton never eliminated qualifications, BUSH did. Clinton never said people with bad credit can own just as good a home as everyone else, BUSH did. Clinton never used section 8 funds to cover mortgages, BUSH did. Clinton never used goverment money for downpayments for poor people, BUSH did. Dont believe me? Try me. Peace TOS [/QUOTE]
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