My response to Austan Goolsbee's NYTime artice

http://www.nytimes.com/2007/03/29/business/29scene.html?ex=1332820800&en=5c1f69d5b118d63d&ei=5124&partner=permalink&exprod=permalink

Professor Goolsbee:

Hallelujah on your article in today's Times. As an owner of mortgage brokerage, and an MBA from Vanderbilt, I am writing to let you know how much I agree w/ your point of view. Our economy works best when people have free will to decide how to deploy their capital. I never heared a politician belly ache during the housing boom about the increase in first time home buyers. I realize that no doc and no income verification loans may have allowed some homebuyers to qualify for properties that they really couldn't afford, but nobody put a gun to these peoples' heads and said, "you must buy this house!!"
Thank you for writing this article....it is always nice to hear a voice of reason rise above the din of the masses....
Best,
Rich


Richard C. Bouchner
Principal
Commodore Mortgage Group Ltd.
"The Right Loan at the Best Rate"
One Exchange Place, 9th Floor
Jersey City, NJ 07302
direct: 201.434.7622
toll free: 888.604.7400
fax: 201.434.7601
www.CommodoreMortgage.com