Friday, April 10, 2015

OCHN: High home prices don"t benefit everyone

High house prices are demanded by foolish Ponzis, enjoyed by real homeowners, and favored by politicians pandering to both groups.

Why are high house prices the keep rising considered a universal good? Does everyone benefit if house prices are high and keep moving higher?
The assumption is that...
High home prices don"t benefit everyone

No comments: