The Impact of Mandatory 20% Down Payments on Home Financing

Call and write your public officials to vehemently oppose this terrible idea. The housing industry is the linchpin of our national economy.  Requiring 20% minimum down payments on home purchases will devastate the country, and undermine the hopes and aspirations of millions of Americans from achieving the American Dream!  If this goes through, home values will be crushed due to fewer buyers being able to buy.  This is a political maneuver to appease the few at the expense of the many.  Thoughtless and potentially catastrophic.  A groundswell of popular opposition is the only thing that will stop this.  It's up to every single American to fight this.

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