Thursday, September 25, 2008
Presedential blog
My idea for solving the economic issue would be to encourage people to buy small houses, then a few years later to rent them and buy a larger house. This way you can start out on a house where you definitely can afford to pay off the loan in a reasonable amount of years, and then you can rent it and move on to bigger houses, and bigger loans. If people started doing this the economy would slowly start to rebuild and get back to normal.
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