Poor people deserve to own property, too Re: “Grim outlook for housing market,” Dec. 9, & “Congress must act to stop the next housing crash,” editorial, Dec. 10 Anyone who lived through Bill Clinton’s repair of George H.W. Bush’s policies should successfully have predicted that getting out of the housing/economic crisis would take five to six years at best. That our greed will eventually lead us into another mess is, unfortunately, not news.
The real root cause of this housing crisis is the rich decision-maker’s approach to economic policies affecting all income levels: Like me = favors; Not like me = get lost. Implying poorer folks don’t deserve private property because it’s risky to be poor is elitist. This is America, the land of equal opportunity, in case you haven’t heard.
