On the contrary, I strongly disagree with your comment. I am a single female, age 38, living in San Francisco. I am graduate-degree educated, have held jobs of increasing responsibility at the same company for over 9 years, and I have near-perfect credit. However, because I live in the 2nd most expensive city in the nation and am still paying off ridiculous amounts of debt from grad school, I can only afford to put 7% down on a $650K home. The FHA loan program affords someone like me the opportunity to continue to live and work in the city in which I am employed. Without it, I am stuck paying rent for the next 3-4 years while I try to save up $130K in cash for a down-payment.

Get educated on your facts before you make broad-sweeping generalizations about “affordable housing” and “you people” who have to carry “we people” who don’t qualify for other loans.