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 Balanced Housing - Testimony to House Financial Services Committee, March 2004 

3/24/2004 
NAA/NMHC 

The pursuit of homeownership is a worthy goal, but we must be careful not to oversell homeownership. Many families never question whether buying a house is a path to financial security. They just assume it is, especially when the federal government is the one telling them they should buy a house. But for too many households, the joys of homeownership have turned into an agony of onerous and unsustainable debt that harms their financial future.

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