[aeternum]

This is what annoys me about people living in the US. Like why not move to Singapore or something if you want government allocated housing. It's probably the best implementation of government housing, government healthcare, etc. in the world, so just go there and be happy.

Let the US remain free where consumer choices matter. You can take a risk with an ARM mortgage and might hit it big, but you might also have to pay the price. That's freedom. People can always downgrade homes, foreclosures are not necessarily a bad thing when there is limited housing supply.