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  • 1. What percentage of adults now own a home?
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  • 2. What percentage of new mortgage loans in 1998 were given to borrowers with down payments of less than ten percent?
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  • 3. Besides lower down payments, what programs have helped more people buy homes?
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  • 4. How would a recession affect lower-income home-buyers helped by these government programs?
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  • 5. Should the government help low-income people by encouraging and subsidizing lenders to reduce down payments and interest rates? Why or why not?
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