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Besides, there's nothing wrong with increasing rent that can't be solved with better public housing provision.
- Jake Friends come and go. Enemies accumulate.
That's a cute story, but it does not explain the recent push to expand the "ownership society."
You live in the pwn3rship society.
(part of the ET's ClassicalTM Series)
The housing bubble has been indeed very useful: unlike the previous Internet bubble that only enrolled the stock owning people, housing bubble allows to enroll just about everyone. And this "wealth effect" was sorely needed to offset wages than have been stagnant or declining since "Morning in America".
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