Wait so this article about trying to expand and open the housing market to more minorities is a correlation somehow to why the housing bubble burst? Are saying that the housing bubble burst because minorities defaulted on loans at such a rate that it offset the majority of white people with home loans?Originally posted by: Slew Foot
If minorities want to own homes at the same rates as whites, maybe they should earn money at the same rates as whites.
Are you accusing minorities for the burst in the housing market? Seriously are you? If so do you have any data that points out specifically that minorities defaulting on loans is the sole reason why housing bubble burst? Or that no white home owners of whom have the vast majority of home loans are made too did not default on their loans either? I'd loved to see this data on the racial break down of defaulted home loans you have. Please if you have it share it with us unless you are using your apparent assumption to justify yourself launching into a racist rant for no apparent reason.