SocraticGadfly: BushCo has a bright idea on homeowners’ insurance

July 10, 2008

BushCo has a bright idea on homeowners’ insurance

Let the Federal Housing Administration charge insurance premiums based on credit risk rather than a one-size-fits-all model.

Now, some people may say this is an additional burden for poorer actual or would-be homeowners.

First of all, there’s no constitutionally guaranteed right to own a home.

Second, there’s smaller homes, used homes, etc.

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