A Quote by Rush Limbaugh
So much value has been lost in the housing market that people are now buying. If there's any activity in the housing market, it's because values have plummeted to such depths that the 47% can now afford to live in a government-purchased house, or something like that.
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Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.
After political crusades for 'affordable housing' ended up ruining the housing market and much of the economy with it, many of the same politicians are now carrying on a crusade for 'affordable health care.' But what you can afford has absolutely nothing to do with the cost of producing anything. Refusing to pay those costs means that you are just not going to continue getting the same quantity and quality - regardless of what any politician says or how well he says it.
I think housing is not a simple commodity because we are so in short supply of land. So the government has a role to play in providing housing - decent housing and affordable housing - for the people of Hong Kong.
Public housing is off-limits to you if you have been convicted of a felony. For a minimum of five years, you are deemed ineligible for public housing once you've been branded a felon. Discrimination in private housing market's perfectly legal.
Contrary to the vision of the left, it was the free market which produced affordable housing - before government intervention made housing unaffordable.
Instead of building housing in a wealthy neighborhood and saying, here you go, here's some under the market which will, by the way, drop the market for everyone's housing. Go into the lower income neighborhoods and say, here's a business incentives, so that people can get jobs.
You know, even in the economic downturn in Alberta, there are restaurants in Calgary, and even in Canmore up the mountain, that cannot open for lunch because they cannot find staff. And they cannot find staff because there's nowhere for those people to live. And so safe and decent housing, market housing, subsidized housing, the whole bit, we really, really need to have our heads on straight on this, and we don't yet.
I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others.
We have a market-driven society so obsessed with buying and selling and obsessed with power and pleasure and property, it doesn't leave a whole lot of time for non-market values and non-market activity so that love and trust and justice, concern for the poor, that's being pushed to the margins, and you can see it.
Eviction comes with a record. Just like a criminal record can hurt you in the jobs market, eviction can hurt you in the housing market. A lot of landlords turn folks away who have an eviction, and a lot of public housing authorities do the same.
The Seoul city government has been cooperating with the central government to stabilize the housing market, and we plan to brainstorm all possible ways with the government to better counter the issue.
Too often, the perspectives on housing come from journalists, politicians and property experts, with a focus on the extreme ends of the market. Through the FOURWALLS Film Project, we want to get an accurate picture of the London housing situation through the eyes of the people that live there, and promote discussion around it.
The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.
I think we as a country have definitely got to do better when it comes to housing people of all backgrounds. Not only can the less fortunate afford housing but fewer people of all kinds can afford it.
The Boston's government approves housing projects every month and we're constantly approving opportunities to build more housing. And Boston is one of the hottest cities in America where people want to live. And it's important that we continue to build this housing and to keep up with the demand that we have in the communities.
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