Ha ha ha. Back to school with you. You got the wrong political party.
If you think Bush’s policies didn’t contribute to the housing bubble, you weren’t paying attention during his administration:
http://www.boston.com/business/articles/2004/10/05/zero_down_mortgage_initiative_by_bush_is_hit/
Zero-down mortgage initiative by Bush is hit
Budget office says plan likely to spur more loan defaults
By Chris Reidy, Globe Staff | October 5, 2004
President Bush’s weekend campaign promise that he will push legislation allowing for no money down on some federally insured mortgages could cost taxpayers as much as $500 million over four years because of a higher rate of defaults, according to the Congressional Budget Office.
The election-year idea may appeal to those who can’t save as fast as home prices are rising. But some financial planners warn that increasingly common no- and low-down-payment programs can be ruinous for some consumers — especially if home values decline.
If housing prices fall, consumers with little or no money of their own invested in the home are more vulnerable to ending up with mortgages larger than the value of the house.
... “To build an ownership society, we’ll help even more Americans to buy homes,” Bush said in an Ohio speech to home builders. “Some families are more than able to pay a mortgage but just don’t have the savings to put money down.”