On Mon, Aug 17, 2009 at 6:13 AM, Louis Proyect<[email protected]> wrote: > The Wall Street Journal > LIFE & STYLE > AUGUST 15, 2009, 8:20 P.M. ET > > The New American Dream: Renting > It's time to accept that home ownership is not a realistic goal for many > people and to curtail the enormous government programs fueling this > ambition. By Thomas J. Sugrue
FWIW, economist and pen-l alumnus Dean Baker has been arguing for years that's there's nothing wrong with renting and that the housing bubble made renting the superior alternative. (House purchase prices were way out of line with the cost of renting similar houses.) -- Jim Devine / "All science would be superfluous if the form of appearance of things directly coincided with their essence." -- KM _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
