We hear sad stories about people whose homes are “underwater” or who are facing foreclosure. But why should our attention be arbitrarily focused on these particular people, rather than on the many other people who would benefit from being able to buy those same houses at lower prices? The government is artificially keeping the prices up with subsidies and with pressures on lenders to accommodate the current occupants.I have felt this and have been saying this for quite some time in other areas. Read the rest of the article here.
Sunday, January 9, 2011
Don't 'Save' The Housing Market
Thomas Sowell explains the fallacy of the seen and the unseen in the effort to "save" particular people with prospects of home foreclosure:
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WCF Chapter One "Of Holy Scripture" Sunday School (Sept.-Oct. 2021)
Our text for Sunday School (also "The Confession of Faith and Catechisms") Biblical Theology Bites What is "Biblical Theology...

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From a 2004 column: “The growing federal debt is virtually certain to lead to offsetting tax increases down the road. Does anyone really bel...
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If you want to learn how we have gotten to where we are today, then you've landed at the right spot. These books were some of the first...
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