tag:blogger.com,1999:blog-13796804.post114800227852147584..comments2023-09-06T05:58:02.522-07:00Comments on Palousitics: 1 + 1 = 3Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13796804.post-1148016473114740602006-05-18T22:27:00.000-07:002006-05-18T22:27:00.000-07:00I'd be curious to know how BJ's income compares wi...I'd be curious to know how BJ's income compares with the average income of her checking account customer. I also wonder what she considers to be "affordable housing" for herself vs. her borrowers.April E. Cogginshttps://www.blogger.com/profile/08940677956053695836noreply@blogger.comtag:blogger.com,1999:blog-13796804.post-1148014184227612302006-05-18T21:49:00.000-07:002006-05-18T21:49:00.000-07:00As a practicing capitalist, I found a problem with...As a practicing capitalist, I found a problem with the logic of this quote: "When the average salary is $26,000 a year and the average home price is $204,000, most people can’t afford to buy their own homes, she said."<BR/><BR/>Apparently, there are enough people making enough money to buy all of the available houses. The problem and shortage of affordable houses is that there are not enough homes available. And most people buying houses on the Palouse are earning much more than $26,000 a year. I will grant you that the AVERAGE income on the Palouse is $26,000. That number includes college students, who have almost no income and have no intention of buying a house. Many are already living in government subsized housing, dorms and student housing. <BR/>This is another socialist agenda to make some people feel good and help others to be powerful.April E. Cogginshttps://www.blogger.com/profile/08940677956053695836noreply@blogger.com