Housing Loans... new rules racist??

In one of Rush Limbaugh's books...I think it was "The Way Things Ought To Be", he talks about programs to bring working class (read: lower income) people in to homeownership, and why such programs work well. I believe his comment was "people don't burn what they own." More owner-occupied properties means better cared-for properties, better neighborhoods, etc.

I think in general that is true. But El Rushbo I believe wrote that before the LA Riots.
 
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