[bill_from_tampa]

Part of the reason for the 2008 market crash was the 'subprime home loan' debacle, where lending policies encouraged persons who should not have owned a home to nevertheless buy one and take on a mortgage. This policy (to increase home ownership) failed, and the market corrected. We are back to where we were in 1993 with respect to home ownership because the attempt to increase ownership artificially failed, spectacularly.