The Real Deal New York

The mortgage crisis and subsequent housing market turmoil have led some to ask whether homeownership should be synonymous with the “American Dream.” In this CNBC video, Congressman Paul Kanjorski weighs in on whether owning a home should be the ideal for many families. “It doesn’t fit all people; not all people are capable of homeownership at this time,” Kanjorski said. “But in reality, we’ve always found over history [that] homeownership is probably the best equity builder that our system has had… we want to make sure we don’t throw the baby out with the bath water.”