Faster, Please! — The Podcast #63
Huh ?
" I honestly don't know. I don't remember.... ";
and this from an experienced expert .
No mention of Ronald Reagan and the Housing & Loan crisis.
Nor the constitutionality of Property Rights trumping Human Rights .
Then the Catch 22 of the necessity of real estate prices to keep the family financially secure.
Most have all their eggs in this basket.
Also what bank would lend on a depreciating asset.
No a nation cannot economically grow on housing alone .
It is not a factory & produces nothing .
A tenant even becomes a liability when there is a guaranteed unearned profit.
Ever read 'Progress & Poverty' ?
Huh ?
" I honestly don't know. I don't remember.... ";
and this from an experienced expert .
No mention of Ronald Reagan and the Housing & Loan crisis.
Nor the constitutionality of Property Rights trumping Human Rights .
Then the Catch 22 of the necessity of real estate prices to keep the family financially secure.
Most have all their eggs in this basket.
Also what bank would lend on a depreciating asset.
No a nation cannot economically grow on housing alone .
It is not a factory & produces nothing .
A tenant even becomes a liability when there is a guaranteed unearned profit.
Ever read 'Progress & Poverty' ?