"…and it,s another problem we have in America, where we look about things only for middle and upper-income people. One of the big problems we have in housing now is that it,s too expensive for low-income people…And, frankly, a moderation in housing prices, a leveling off, even a slight drop, for instance, in the Boston area, which I represent, would be a socially good thing."

"We,re subsidizing home ownership. And, by the way, I think home ownership is a good thing, but that,s another problem of public policy, and it,s particularly a problem with this administration.

What we should be promoting through public policy are decent homes, not necessarily home ownership. We have denigrated the notion of renting…There is this notion that people say, Well, if you,re a renter, you don,t care, you,re irresponsible. Only homeowners are good for the neighborhood. Most lower-income people are going to have to rent, and I think by public policy, and by kind of psychic pressure, we are pushing more people into home ownership than is healthy."