If home ownership is the American dream, then foreclosure certainly is the American nightmare. It destroys more than credit. It destroys lives. And its effects are felt beyond the individual family that it devastates. It shakes our entire economy.
One of the reasons that Thatcher promoted home ownership is that it promoted responsible citizens with a stake in society. But another reason was that those people would tend to be Conservative.
These days the American dream of home ownership has turned into a nightmare for millions of families. They wake every day to the reality of a horrible decline in the value of the home that has meant so much to them.
The most critical factor subduing the demand for housing is that home ownership is no longer seen as the great, long-term buildup in equity value it once was.
We need to intentionally invest in health, in home ownership, in entrepreneurship, in access to democracy, in economic empowerment. If we don't do these things, we shouldn't be surprised that racial inequality persists because inequalities compound.
The challenges of delivering more housing so people can enjoy the benefits of home ownership and improving standards and choice in public services can also be met with a strong Conservative policy agenda.
Home ownership is the cornerstone of a strong community.
It is important that Congress works to promote home ownership in Indian Country. These federal housing funds and programs will help young Native American families to stay on tribal lands in order to live, work and raise a family.
The home ownership process for Native Americans has been hobbled by bureaucratic delays and regulations.
Underfunded, underwhelmed, and out of their league from the git-go, my parents took to home ownership like horse thieves to a hanging judge.
