Nationalization in the US?
Was thinking the other day about the 700 Billion USD they are trying to pass through congress for distressed home mortgages. While thinking it through I googled and got this thanks to www.usgovinfo.about.com
“The U.S. national average purchase price for a single-family home reached $264,540 in October 2004, according to figures released by the Federal Housing Finance Board”
Now that’s 700 thousand million right?
Now I am not a math’s genius but, that would mean 26,515,151 average homes (please correct me if I am wrong…someone)
So based on the figures are 26.5 Million homes being nationalized? Socialized or whatever they call it?
…..Was just a thought….
