The Clare Spark Blog

July 4, 2010

Home ownership stabilizes the working class

Filed under: Uncategorized — clarelspark @ 9:13 pm
Tags: , ,

Alan Cranston mailing, 1987, missing girl added

1 Comment »

  1. And we wonder why America is a nation of spoiled brats. Implicit in this is the idea that if you live in an expensive housing market, you should have the right to buy a house for what you want to pay for it, based on what *you* need. Moving away from that expensive market — well, that’s just crazy talk. If you want to live in San Francisco, and you’re a young teacher or a construction worker, who’s some dumb bank to tell you that you can’t, right? Get tied down to that house you can’t afford — because then, if you lose your job, you can help concentrate the unemployment and poverty numbers because you won’t be willing to move, since you’re tied to the mortgage payments you couldn’t afford in the first place — right up until you lose the house. And while you’re at it, go to college, too. Because college is *for everyone* too, just like early home ownership. Never mind the bills. Take out loans. Ugh.

    Comment by Tom Nichols — October 9, 2011 @ 5:04 pm | Reply

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