that conversation because fannie mae just published a survey where overall two-30s of people want to own a home. they are confident about home ownership but 50% said it was harder to get a loan than their parents and 68% said it will be harder for their children to buy a house than it was for them. and the obstacles are bad credit, income, and no down payment. and again, greg mcbride, he always says from bankrate.com, he says there is no substitute for money in the bank. money in the bank is the starting point for this discussion about whether you re ready to go in and buy. interesting you showed those bers from california in 12,0006. a lot of that house price decrease was not on 20% down. it was a lot of crazy stuff. that s an interesting point. if you buy a house if you buy a house today, even with good credit, in many markets you can t put just 20% down. whereas in 2000 -2006, you could