Affordable house=less valuable houses.
Mortgage Bankers Association CEO David Stevens echoed the sentiment: “We still need to be able to make affordable mortgages that don’t just go to the wealthy, who can afford the biggest down payments and who have the most positive credit ratings.”
He might as well be saying: we're going to loan money to people who can't afford to pay it back and then expect the wealthy to pay for it when it becomes a crisis.
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